Financial Literacy
Job Search
Independent Living
Mind, Body, Spirit
Want or Need?
Miscellaneous
100
What is the 50/30/20 rule of budgeting?
A. 50% of money towards savings, 30% of money towards needs, 20% of money towards wants
B. 50% of money towards needs, 30% of money towards savings, 20% of money towards wants.
C. 50% of money towards needs, 30% of money towards wants, 20% of money towards savings
C. 50% of money towards needs, 30% of money towards wants, 20% of money towards savings
100
You only get one chance to make a first impression. What are 2 things you should do, or be mindful of, when you first walk into an interview (think the first 30 seconds)?
- Handshake
-eye contact
- Address them by name and/or title (Mrs. Clark, Sargeant)
- dress to impress
- clean look
- thank them for meeting you
100
What is the legal agreement between a renter and a landlord that explains the rules, costs, and responsibilities of living in a property?
A Lease
100
What does the acronym SMART represent when creating a goal?
A. Specific, Measurable, Achievable, Relevant, Time-bound
B. Simple, Motivating, Accurate, Realistic, Trackable
C. Strategic, Meaningful, Action-based, Responsible, Timely
D. Specific, Manageable, Attainable, Reasonable, Thoughtful
A. Specific, Measurable, Achievable, Relevant, Time-bound
100
What are considered to be the 3 main things humans NEED in order to survive?
Food
Water
Shelter
100
When you spend more money from your bank account than you actually have available, its called an _________________.
Overdraft
200
1. What is a checking account primarily designed for?
A. Saving money for long-term goals with high interest
B. Managing everyday spending, deposits, and bill payments
C. Investing in stocks and mutual funds
D. Building your credit score
B. Managing everyday spending, deposits, and bill payments
200
What is the purpose of a probationary period when starting a new job?
A. To allow the employer and employee to evaluate whether the job is a good fit before moving forward with long-term employment
B. To allow the employee to receive a higher salary before becoming a permanent worker
C. To prevent the employee from receiving workplace benefits permanently
D. To guarantee the employee will keep the job after completing the probationary period
A. To allow the employer and employee to evaluate whether the job is a good fit before moving forward with long-term employment
200
True or false?
Landlords and rental companies require you to have a minimum credit score in order to rent.
True
200
"I can do this" and "I will try again tomorrow" are examples of a ____________ mindset
growth
200
You start a new job that requires business clothing. You own casual clothes but nothing appropriate for work. Buying professional clothing is a:
A. Want because clothing is always optional
B. Need because it supports your ability to work
C. Want because expensive clothing is unnecessary
D. Luxury purchase
B. Need because it supports your ability to work
200
17. Which statement about voting at age 18 is correct?
A. All 18-year-olds are automatically registered to vote in every state.
B. Eligible U.S. citizens who meet state requirements can vote after registering if registration is required.
C. Only people who own property may vote.
D. Voting is required by federal law once you turn 18.
B. Eligible U.S. citizens who meet state requirements can vote after registering if registration is required.
300
A credit score of 700 would fall under which bracket?
A. Poor
B. Fair
C. Good
D. Very Good
E. Excellent
Good (670-739)
300
True or False:
This is an example of a "good" resume.
False: Spelling errors
300
True or false?
When renting an apartment or house, you as the tenant are required by law to pay renters insurance.
False
300
When a person communicates what they are comfortable with, says “no” when needed, and respects both their own needs and the needs of others, they are practicing what important wellness skill?
Boundaries
300
You are busy with school and work. You buy lunch every day because cooking takes too much time. Is eating out a want or a need?
A. Always a need because you need food
B. Always a want because restaurants are unnecessary
C. The food is a need, but regularly eating expensive restaurant meals may be a want
D. Neither because food is free at home
C. The food is a need, but regularly eating expensive restaurant meals may be a want
300
12. What is the main purpose of insurance?
A. To eliminate all financial risk
B. To help protect you financially from losses and unexpected events
C. To replace the need for an emergency fund
D. To increase your income
B. To help protect you financially from losses and unexpected events
400
List 2 things you need to open a checking account.
License/Government ID
SSN/Birth Certificate
an initial deposit
400
What do the following acronyms on a job application stand for:
1. DOB
2. SSN
3. PTE
4. FTE
1. Date of Birth
2. Social Security Number
3. Part Time Employee
4. Full Time Employee
400
8. a _____________ ______________ is a payment that is required before moving into a rental house.
Security deposit
400
statements like "I give up" and "I can't" are examples of a _____ mindset.
Fixed
400
Your phone works properly, but a new model was released with a better camera and more features. Your current phone is paid off. Is upgrading a want or a need?
A. A need because technology changes quickly
B. A need because everyone else has the newest model
C. A want because your current phone still meets your needs
D. A need because phones are required for life
C. A want because your current phone still meets your needs
400
This four-digit number protects your debit card and should never be shared with others.
PIN
500
This three-digit number helps lenders (banks) decide how responsible you are with borrowed money.
Credit Score
500
There are two tax forms you are required to fill out upon starting a new job. Name one of them.
W-4 (or under special circumstances W-9)
I-9
500
Name 3 utility bills you would pay in a house or apartment.
Electricity
Water
Internet
Gas
Cable
Trash
Heat
500
Your IQ measures cognitive abilities like logic, problem-solving, and pattern recognition, often predicting academic success, while your EQ measures the ability to understand, manage, and use emotions. What do the acronyms IQ and EQ stand for?
Intelligence Quotient
Emotional Quotient
500
Your car needs a $600 repair so you can continue getting to work. Is this a want or a need?
A. A want because repairs are unexpected
B. A need if the car is necessary for transportation
C. A luxury expense
D. Optional if you dislike paying for repairs
B. A need if the car is necessary for transportation
500
This important document explains how much money you earned and how much was withheld for taxes each year.
W-2 form