Housing
-dust
-vaccum
-clean bathroom/kitchen/bedroom
Budget means
a statement of estimated income & expenses over a specified future period of time; financial plan
Follow up Question: What are some things you can budget for?
Name three different types of transportation
-public transportation (train, bus)
-Uber/Lift
-car
-airplane
Some career/education opportunities include:
-getting a job
-going to a 2 year school
-going to a 4 year school
-going to a trade school
-online school
-part time work and school
Hygiene means
Name two bills for residence that one would have to pay for
-rent
-mortgage
-utilities (gas, electric, heating, A/C)
If you were in financial trouble where would you go to for assistance?
-in case you get in an accident, and it is your fault and in case you get in an accident and it is not your fault
(New Jersey is a no-fault state)
What are two types of financial aid?
-loans
-scholarships
-grants
Name 3 types of personal hygiene
-wash body & hair
-use soap/shampoo
-wash hands before and after preparing food and eating
-brush teeth
-wear clean clothing
-cover mouth when coughing or sleezing
Mortgage means
An agreement between you and a lender that allows you to borrow money to purchase or reinfinance a home
Name three forms of payment that you can use to purchase something
-check
-cash
-credit card
-debit card
To lease a car means to
"rent" a car from a dealership for a certain length of time and amount of miles
What are some of the things you should include on a resume?
education level, extra-curricular activities, awards/accomplishments, previous job experience
Self Care is
the practice of taking action to preserve or improve one's own health
Would you rather pay a mortgage and own a propety or pay rent to a landlord? What are some of the advantages and disadvanges of each?
Rent: do not need to have a downpayment, could be more cost effective in short term, landlord can handle issues that arrive in home such as expenses. however, not building equity, do not own the property
Mortgage: can be seen as a form of capitial and can leverage when trying to get another loan (i.e. student loans) However need a down payment, long term, difficult to finance, need to get approved for a loan (can have high interest rates) long term less money have to pay for expenses
Why is money considered a high value in society?
Follow up question: do you agree with money being a high value
Why is transportation an imporant part of daily life?
What kind of benefits do you think about when choosing a career?
-distance from home
-income
-health benefits
-401K
-interested in the job
Name two ways you can utilize self care
-sports
-reading
-music
-writing
the value of a home and its market value
The differences between gross pay and net pay are
gross pay- sum of all wages, profits, interest payments, rents etc. all before taxes are taken out
net pay- the amount of money someone takes home after employment benefits are taken out (ex: taxes, benefit costs)
my life & others on the road
1st time caught $500 fine
2nd time caught $750 fine and face jail time
How does your behavior now impact your future career?
-grades impact getting into college
-work ethic
-criminal record
Name 3 ways to improve your health
-exercise
-eating healthy