Budgeting Basics
What is the term for planning how you will spend your money each week or month?
Budget
Comparing prices of items before buying is called what?
Price comparison
Arriving to work on time is called what?
Punctuality
A document listing your skills is called what?
A resume
A slogan is meant to do what?
Grab attention
If you spend less than you earn, what is this called?
Staying on budget / saving?
Buying store-brand instead of name-brand helps you do what?
Save Money
What should you do if you don’t understand a task?
Ask for help / clarifying questions.
What should you wear to an interview?
Professional clothing.
Purpose of a mission statement?
Explain the business’s purpose
You get $100 for the week. After groceries and transportation, you have $20 left. What is the $20 called?
Leftover money / savings
What is the difference between needs and wants?
Needs = must have, Wants = optional
Respecting others and speaking politely is called what?
Professional behavior
Give one example of a soft skill.
Answers vary
Give one example of a product your business could sell.
Answers vary
Write one way you can reduce your spending.
Answers vary.
You have $50 for groceries. You spent $47. How much is left?
$3
What do you do if you’re going to be late?
Notify your supervisor
True/False: It’s okay to lie on a job application.
False
What is advertising?
Promoting your business
The cost of something you give up when you choose to buy something else is called what?
Opportunity cost
Why make a grocery list?
To stay on budget and avoid impulse buying.
Give one example of good teamwork.
Answers vary
What should you do after an interview?
Send a thank-you message.
What is a target audience?
The group your business reaches.