Body Language
"What is your experience working for this company". "what are the highlights and lowlights of working here", "what is the company atmosphere like here", "what attributes do you look for in a candidate to fill this role?"
What is the Difference Between Gross and Net Pay
Gross Pay: Before Deduction
Net Pay: After Deductions, "take home pay"
What are Two Red Flags to Look Out for When Searching for a Rental:
1. Reluctance to Meet In-Person
2. Rushed Move-In Timelines
3. An Absent Landlord
4. Money Demands Before Touring
5. Vague Listing Details
6. Immaculate Pricing
7. Grammatical Errors
8. No Tenant Screening Process
9. Incomplete Lease Documents/The application asks for sensitive information during the process.
What is the Difference Between Home and Renters Insurance
Home is more expensive, covers the physical buildings(s) not just the property inside.
What is the Difference Between a Credit Report and a Credit Score:
Credit Report: a report of one's credit history and current debts and statuses
Credit Score: Based on credit report, a numerical assignments of your level of trustworthiness to lenders
What are Two Body Language Tips
- appropriate eye contact
- firm handshake
- dress the part
- open body language
What are Two Pieces of Information that can be Found on Your Pay Stub:
- name, SSN, address
- gross pay, net pay, deductions
- insurance information
What is the Difference Between a Fixed-Rate Mortgages and an Adjustable-Rate Mortgages:
Fixed-Rate Mortgages: Initial Rate stays the same for the length of the loan, regardless of moves in the index
Adjustable-Rate Mortgages: Variable Rate, The rate changes during the life of the loan based on movements in an index rate
What are Four of the Eight Types of Insurance Discussed in Class:
Auto, home, umbrella, long term care insurance, life insurance, pet insurance, disability insurance
Why Do Lenders Prefer Secured Loans:
Secured Loans are Backed by Collateral of equal or greater value than the initial loan.
What are Two Things You Should Consider about a Job before Applying?
- pay (net and gross)
- Commute
- Coworkers/work environment
- Commitment
- Education Needed
What is the Difference Between a W-2 and a W-4:
W-4: filled out at new jobs/life changes to provide information used to calculate your taxes
W-2: a document provided to you by your employer in order to complete your taxes
DTI (Debt to Income Ratio) should be Calculated before Considering What:
Purchasing a home: used to calculating your ability/amount to buy a home compared to an area that you are intereseted in.
Who Pays Health Insurance:
1. Before the Deductible is Met: ____________
2. After the Deductible is Met: _____________
3. After the Out of Pocket Maximum is Met: ________
2. you and insurance provider
3. insurance provider
What is the Recommended Length of Time that Should be Covered by an Emergency Fund:
3-6 months
What are Two Components of a Professional Email:
- grammar, punctuation
- introduction/greeting
- formal address
- full names
- dates and time options w/details about time needed
When Should You Receive Your W-2 By:
January 31st
What are Two Steps Towards Buying a Home:
Ensure you are Ready to Buy
Set a Budget
Saving up Enough
Consider Loan Options
Get Pre-approved
Find an Agent
Shop for a Home
Make an Offer
Get a Home Inspection
Get a Home Appraisal
Do a Final Walkthrough
Closing!
On Whose Claims do you Pay a Deductible for Home and Auto Insurance?
Your own claims on your own liability
What are At least 2 Steps You Should You Take If Your Identity is Stole:
- Go online to theThe Federal Trade Commission and complete a report
- File the report with the credit reporting agencies.
- Place fraud alerts and/or credit freeze on your accounts
- Contact the fraud department at your credit card issuers, bank, and other places where you have accounts
- Contact the Police
What are Two Necessary Components on a Resume?
HEADER: Name, Phone Number, Email Address, Title
SUMMARY/OBJECTIVE
WORK EXPERIENCE
EDUCATION
OTHER EXPERIENCES
NOTABLE SKILLS / ACHIEVEMENTS: additional languages spoken, published pieces, community services, technology skills, ect.
REFERENCES: On a separate sheet. Non-familial contacts; best case would be previous employers, but family friends, volunteer coordinators, ect. as well
What is FICA
FICA (Federal Insurance Contributions Act):
What is the Difference Between a Lease Agreement and a Rental Agreement
Lease Agreement: includes a “lease term” (date-to-date period) in which you are able to inhabit the rental.
Rental Agreement: renting without a specific end date, "tenant at will"
Typically, a higher deductible means ______ premiums.
lower premiums.
What is the Difference Between the Snowball Method and High Rate Method in Paying Off Debt:
Snowball: based on debt, smallest to largest amount
High Rate Method: based on interest rate, highest to lowest