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If you save $100 a month for one year, this is the total amount of money you will have.
What is $1200?
The age at which a person can legally open a bank account or credit card, or apply for a loan.
What is 18 years old?
You get this identification number at birth and it is used to track your credit rating and income taxes until you die.
What is your Social Security Number?
The age a person can legally sign a binding contract.
What is 18 years old?
The number of hours in a day?
What is 24 hours?
If the minimum wage is $16.00 per hour, this is how much you earn before taxes for working 5 hours.
What is $80.00?
If a store offers "Buy One, Get One Free" on a $40 pair of jeans, this is the actual price of each pair.
What is $20?
Money taken from your paycheck by the government.
What are income taxes?
The state you live in and the federal government both take income tax out of your paycheck. You may owe money to them at the end of the year if they do not take enough.
People often believe California law says you are legally married if you live together for seven or more years. It is not an actual law.
What is Common Law?
The number of days in a week.
What is 7 days?
The total amount of change found in the couch: three quarters, five dimes and six nickels?
What is $1.55?
(.75 + .50 + .30 = $1.55)
The extra money you pay for clothing or shoes purchased at the mall. It is added to the store price of each item.
What is sales tax?
You get this from your employer in January; it tells you how much money you made and how much tax was withheld.
What is your W-2?
The legal age at which a person can consent to be legally married.
What is 18 years old?
California law requires a person under 18 years of age to obtain consent from at least one parent or guardian and permission in the form of a court order. Granting permission for a minor to marry or establish a domestic partnership is entirely within the discretion of the court.
Full-time employment hours worked per week.
What is 40 hours per week?
The total amount you will save if you put $20 a week in your piggy bank for a whole year.
What is $1040.00?
$20 x 52 weeks in a year = $1040)
If you buy a shirt for $20 and the sales tax is 10%, this is the total amount of money you will pay at the register.
What is $22.00?
The date your Federal Income taxes are due to be filed or mailed each year.
What is April 15th?
This California law allows legally married couples to get a divorce without proof wrongdoing or harm.
What is No-Fault?
The number of weeks in a year.
What is 52 weeks?
Your hourly wage if you make $800 a week at your full-time (40 hours a week) McDonalds job.
What is $20.00 an hour?
($800 divided by 40 hours a week = $20.00)
These "no-name" food products usually cost 20% to 30% less than name-brand products but often taste the same.
What is generic or store-brand?
You need this permit to resell merchandise bought at wholesale prices for a profit. (wholesale goods are purchased tax free)
What is a Seller's Permit (resale license)?
California is this kind of state. It requires married couples to divide up debt and assets equally if the get a divorce.
What is a 50/50 or Community Property State?
In California, overtime must be paid to employees who work over this many hours in a day.
What is 8 hours?