Careers
What is one website you can use to search for job openings?
Indeed, LinkedIn, Glassdoor, etc.
What is a checking account vs. a savings account?
Answers may vary.
What is gross pay vs. net pay?
Gross pay is your income before deductions. Net pay is your pay after deductions.
When is Tax Day?
April 15th
What year was the first bank in the US started?
1791
Whose face is on the dime?
President Franklin D. Roosevelt
What is an I-9 form?
It is used to prove you can legally work in the US.
What is the FDIC/ what does it do?
(double points if you get what the acronym stands for)
They insure peoples' deposits in banks.
(Federal Deposit Insurance Corporation)
What is a direct deposit form?
A form that allows your employer to put your pay directly into your bank account.
What is a W-2 form?
A form that an employer must send to an employee and the IRS at the end of the year to report the employee's annual wages and taxes withheld from their paycheck.
What is the Federal Reserve?
The central bank of the US
The song "Money, Money, Money" is performed by what Swedish pop group?
ABBA
What is the difference between a job and a career?
A job is just something you do for money, whereas a career is a long-term journey
Why is important to read your checking account statement and check you account balances?
To make sure you have enough money and to make sure there is no suspicious activity.
What are the three ways you can receive your paycheck?
Cash, check, direct deposit.
List 3 things federal income taxes are spent on.
Military, education, construction, maintenance, etc.
When was the Federal Reserve created?
1913
What are dollar bills in the US made of?
Cotton and linen
What is an apprenticeship vs. trade school?
Apprenticeship - a hands-on training program where someone, known as an apprentice, learns a specific skill or trade from an experienced professional; they are paid to work while they learn
Trade School - trains students in technical skills in a classroom setting to prepare for certain jobs
Fill out a check for the following situation: The date is May 13th, 2026. You just bought your first car. You want to write a check for the down payment. You need to pay $2,070.72 to the Glebas Car Emporium where you bought the car.
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Michael makes an annual salary of $52,000. He gets paid bi-weekly. What is his gross pay for each pay period?
$52,000 รท 26 pay periods = $2,000
What is the purpose of filing a tax return?
To ensure the amount of federal taxes you have paid from your paychecks is the same as the amount you owed, not more or less.
What is a banking panic?
A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed.
The largest bill ever printed in the US was worth how much money?
$100,000 in 1934 used only in transactions between Federal Reserve Banks and the U.S. Treasury
List 5 soft skills and 5 hard skills.
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List 5 services banks provide.
Checking accounts, savings accounts, debit cards, loans, credit cards, ATMs, electronic banking, etc.
Jim gets paid an hourly wage of $25 an hour. This week, he worked 45 hours. His boss pays him weekly. He gets paid time and a half for overtime hours. What is his gross pay for the week?
$1,187.50
What does FICA stand for and what two main areas do these taxes go to?
Federal Insurance Contributions Act has tax money go to Social Security and Medicare
Why was the FDIC created?
To restore faith in the banks and insure the safety of peoples' deposits.
What does "GDP" stand for and what does it measure?
Gross Domestic Product - a monetary measure of the market value of all the final goods and services produced in a specific time period by a country