Decisions/Spending Plan
Define Decision Making Process?
Series of 5 steps used to make major decisions
Define Resume
1 page professional document highlighting work history, education, activities, heading with personal contact information
APR stands for
Annual Percentage Rate
Define Values related to Finance
Personal belief or practice of what is desirable, worthwhile, and important
Impacts how you make financial decisions, spend $, save $, etc
Ms. Rodriguez classroom #
What are the 5 steps in the Decision Making Process
1. Identify the problem
2. List Alternatives
3. Pros & Cons
4. Evaluate the Results
What are 2 ways to get a job application?
In person, online
Define: Gross Income
$$ earned before federal, state, and personal deductions
2 ways you can prevent fraud
Difficult Password
Shred Documents
Private settings on social media
Largest planet in our solar system
Jupiter
Define and provide an example of Major Decision?
-Requires a lot of thought, has effects on a persons life
Define Cover Letter
1 pg document
3-4 paragraphs
Description of yourself
Description of why you are qualified
What is the purpose of a deposit slip
Deposit cash or checks at a bank
What is liability insurance & why is it important in WA
Required in WA
Ms. Rodriguez's alma mater is...
Washington State University GO COUGS!
SMART stands for...
Specific, Measurable, Achievable, Realistic, Time-Bound
Explain what "Pay Yourself First" means
Putting money into your savings before any other expense!
Define Direct Deposit?
$$ Pay automatically deposited into depository institution (bank)
Name the 3 credit reporting agencies
Equifax, Experian, Transunion
When is Pasco High Graduation
June 6
What are 2 benefits of having a spending plan or budget?
Tracks your income or expenses
Helps meet financial goals
4 things to prepare you for a successful job interview?
Class Discussion
Andy gets paid $560 every 2 weeks.
$100.00 is taken out for deductions.
What is Andys GROSS pay every pay period?
$560.00 Gross Pay (BEFORE Deductions!)
What are 2 ways you can lower or negatively impact your credit score
Not making payments on time
Maxing out credit card
Taking out too many credit lines
Etc.
What High School did Ms. Rodriguez go to
Ephrata go tigers