Borrowing
Interest/ Insurance
SMART Goals
Identify The...
Job Interview Etiquette
100
The term for accepting a loan because you know you can pay it back
What is responsible borrowing
100
The outcome of putting 5% of earnings into an interest-bearing savings account illustrates..
What is earning additional income
100
Matt's goal is to save his pocket money to buy a used CD player from his cousin who has just bought a new player. Which phrase best describes this goal?
What is not measurable and not time-bound
100
Mark's car refused to start. He checked an online repair manual, looked at his bank balance, and asked his uncle, who is a mechanic, if he could teach him how to make needed repairs. Which step in decision-making is this?
What is Identify the resources and gather information
100
Dan wants to follow up after a very good interview and share his positive feelings about the work opportunity. What should he do?
What is Write a thank you letter
200
Susan is going to obtain a loan to buy a stereo system. This is an example of which economic activity?
What is borrowing
200
Trish plans to pay the premiums for only a few years but have coverage for her full life. Which type of insurance is this? -universal life -whole life -limited-payment life
What is limited-payment life
200
Mary's goal is to put aside money for Christmas presents from May until December. Which smart goal would be best fit?
What is time-bound, but not measureable
200
Carla got invited to many different events on the same day. She then realized that she would have to make a choice. Which step in decision-making is this?
What is identify the decision to be made
200
Fred is ready to write a cover letter; his cover letter should emphasize -knowledge of the company -personal interests obtaining the job -previous work experience -that he has good vocabulary
What is personal interests obtaining the job
300
Ed accepted a loan from his uncle because he knew he could pay it back. What form of borrowing is this?
What is responsible borrowing
300
Barry has been out of work due to his crippling arthritis. He receives monthly income from his insurance policy. What type of insurance is this?
What is disability
300
Ted earns $250 a week from his part time job. His goal is to save $150 each month to go on a vacation. Which smart goal best fits this situation?
What is measurable, but not time-bound
300
Sally realizes she has been offered two jobs, both with great pay.
What is identifying the options
300
Tina has an interview for a bank teller position. What should Tina wear? -blue blazer, sandals, khakis -charcoal pantsuit, white blouse, dress pumps -navy blue suit, navy knit tank top, navy sweater
What is charcoal pantsuit, white blouse, dress pumps
400
Borrowing is an example of which economic activity? -loaning -earning -saving -spending
What is loaning
400
Tim has an account for five years earning interest at 5%, while Bob has an account for fifteen years earning interest at 3%. Which person accumulates the most profit?
What is Bob
400
What does SMART stand for?
What is Specific, Measurable, Attainable, Realistic, and Time-bound
400
Bobby Joe wants a kid, but he is unsure due to the risks of having a child. What process in identifying is this?
What is identify the pros and cons
400
Patty and her interviewer greeted one another pleasantly and the interviewer motioned her to sit down. How should she respond?
What is Sit straight with ankles crossed and pen and paper easy to access if needed
500
Tom borrowed $100 from a friend to buy items he needed for work with a retail value of $300. When he gets his next paycheck, he will have enough money to pay off the debt. This illustrates:
What is wise use of credit to extend a person's buying power
500
Definition of Renewable life insurance
What is continuing the policy without getting a physical exam, however, the insurance is soon to expire
500
Sally wants to save money for a whole year to pay for a new car. Which SMART goal best fits this situation?
What is Time-bound, but not measurable
500
Helga wanted a rubix cube, but didn't have enough money to purchase it. What process in identifying is this?
What is identify personal financial situations
500
Mark wants to thank his interviewer and make the best impression possible after his interview. When should he mail his letter?
What is within twenty four hours