Entrepreneurial Mindset
What is courage and resolve; strength of character?
Grit
Name 1 of the 4 demographic categories we discussed in terms of target audience
Age, Gender, Income, Religion
What is the name of the person who developed our textbook for this year?
Dave Ramsey
Should you create a budget based on your gross or net income?
Net Income
True or False: You are required by law in the state of Georgia to have auto insurance
TRUE
What is: the belief that people can
develop and improve their
abilities, habits, and potential
throughout their lives with effort,
learning, and persistence?
Growth Mindset
What is a target audience?
The group of people your ads/products are geared towards
What book did James Clear write? (Hint: we have referenced this in class, some of you even chose it for your book study...)
Atomic Habits
What percent of Americans live paycheck to paycheck?
80%
True or False: Renting is always cheaper than buying
FALSE
Which entrepreneur invented Microsoft?
Bill Gates
What is an example of print marketing?
Billboard, poster/flyer, post card. rack card, t-shirt. A-frame (other possible answers, at my discretion!)
What percent (or less) of your net income should be dedicated to your rent/mortgage?
25% - if you go higher than this it will be more difficult to pay for other living expenses!
What form do you fill out to receive student loans and grants?
FAFSA
What is the minimum level of auto insurance required in GA?
Liability
What does LLC stand for?
limited liability company
What does SEO stand for?
Search Engine Optimization
What is the purpose of insurance?
The purpose of insurance is to transfer risk.
What is: a penalty charged if the account holder spends more than their account balance, causing the available balance to go below zero
Overdraft Fee
What is a fixed mortgage rate?
a type of home loan where the interest rate remains constant throughout the entire loan term, resulting in predictable and consistent monthly payments
What do all of the letters in S.M.A.R.T. Goal stand for?
Specific, Measurable, Action-Oriented, Realistic, Timely
Before teaching, Mrs. McGee used to be the Marketing Specialist for what place? (hint: we looked at the data reports and marketing examples in class!)
The City of Kennesaw (will also accept museum or botanical garden)
Under the Affordable Care Act (ACA), you can stay on a parent’s health insurance plan until what age?
26!
44% of Americans report they have less than $? in savings.
$1,000
Name one state that does not have income taxes (hint: there are 9!)
Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming