Financial life skills
What is the type of account called that helps save money for the future and typically earns interest over time?
Bonus for 100- what is interest?
Savings account
Interest on money is the extra amount of money paid when borrowing money or earned when saving money. It's usually expressed as a percentage of the amount borrowed or saved.
This nonverbal communication method includes facial expressions, gestures, and body posture
Body Language
What do you need to apply for a job, that includes your job history?
Resume
The process of creating a plan for how to spend and save your money is called
Budgetting
The ability to clearly explain your thoughts and feelings without being aggressive is called _____
Assertiveness
What is the current minimum wage?
$7.25/ hour
You make an agreement with an apartment owner. This written contract is called a ___?
Lease agreement
engaging in an physical activity, like going for a walk or exercising is an example of this healthy coping skill
Physical Exercise
What is the average pay for a teens first time job in the work force according to a 2024 study?
$12/ hour
If you don't pay your bills on time, this can negatively affect your ability to borrow money in the future
Credit Score
writing about your thoughts and feelings in a journal is an example of this therapeutic coping strategy
Journaling or expressive writing
This is a short, professional letter that introduces yourself and explains why you're interested in the job
Cover Letter
What is a credit score?
a numerical rating representing the perceived ability of a person or organization to fulfill their financial commitments, based on an analysis of their credit history and current financial circumstances.
This technique involves focusing on your breathing and being aware of your body to calm down during stressful situations.
Deep breathing and mindfulness
If you make $12/hour and you work 40 hours a week for 4 weeks, how much money will you have before taxes?
For fun, guess how much you take home after taxes?
For fun, how much spending money do you have after rent?
$1,920 before taxes.
Afterfederal income tax (10%), Social Security (6.2%) and medicare (1.45%) you are left with a total of $338.88 taken out of your pay check for the month. This leaves you with $1,581.12 for the month.
Average rate for an apartment in central Texas rent is $1,000-$1,400