Taxes
The government spends the least amount of your tax money on ......
Science
Do you build a budget off of your Net pay or Gross Pay?
Net Pay
interest
You _____ card takes money out of your checking account when you use it.
Debit
What is Miss. Beardsley's dogs nick name?
Tide pod
Health
How many times a month do you typically get paid?
2
Credit cards are typically used for everyday usage and ____ .
Emergency
checking
What are three different parts of your identity?
culture
language
ethnicity
religion
gender
strengths
What are the three parts of your deductions?
Taxes
retirement
insurance
What is the recommended percentage that we use to budget?
50 needs
30 wants
20 savings
True or False
Credit card comes out of your checking account.
False
Name 5 things/bills you should budget for when you are an adult and NEED to pay...
Rent (house payment)
Electric
gas
food
car insurance
car payment
TV/cable - subscriptions
What is a red flag feeling?
a feeling you have when you are uncomfortable about a situation. You might feel wrong, or bad about something.
What is your gross wage?
Before deductions get taken out
How long should you track your spending before creating a budget?
2 months
Why is it good to have a high credit score?
To get good( low) interest on loans....
You pay interest with your checking account.
(true or false)
False
Think
Do
Feel
Feel, think, do
Please name the four types of taxes that get taken out of your paycheck!
FICA MED TAX - medicaid
FICA SS TAX - social security
FED TAX- federal tax
ND ST TAX - state tax
What is the government's federal budget's percentage?
60 ish
30 ish
8ish
Please name 3 out of 5 ways your credit can be affected. (your credit score)
Payment history
Length of credit
Mix of credit
Capacity
New credit
Be 18 (optional if they say that)
I.D and Proof of address
Miss Beardsley has two favorite things to do on a rainy day......._____
Books and coffee