Hired or Fired
Maya (age 16) works 15 hours a week at a grocery store to earn money. This is called this.
What is a job?
Carlos receives $2,000 for college because of his grades and never has to repay it. This is called this.
What is a scholarship?
Mia keeps her money in a place that lets her deposit and withdraw cash safely.
What is a bank?
What is April 15?
This is money set aside for life after you stop working.
What is retirement savings?
Ava is applying for a summer job and types up her skills, education, and work history. She is creating this.
What is a resume?
Emma’s family income qualifies her for money from the government for college that does not need repaid. This is called this.
What is a grant?
Jordan uses this account to pay bills and spend money regularly.
What is checking account?
Emma’s paycheck before taxes are removed is called this type of income.
What is gross income?
This investment account allows money to grow tax-free in retirement.
What is Roth IRA or 401K?
What is someone who starts and runs their own business?
What is an Entrepereneur?
Ben borrows $15,000 for college and must repay it after graduation. This is called this.
What is a student loan?
Ava keeps money in this type of account to earn some interest over time and save for emergencies.
What is saving account?
After taxes are taken out, Noah receives this amount in his bank account.
What is net income?
This financial principle helps investments grow faster over time. (Also called the 8th wonder of the world)
What is compound interest?
Jordan talks with family friends and teachers to learn about engineering jobs. He is doing this.
What is networking?
Olivia fills out an online form to see if she qualifies for federal financial aid. This form is called this.
What is the FAFSA?
The ability for an employer to put your paycheck right into your account.
What is direct deposit?
Sophia fills out this form when starting a new job so her employer knows how much tax to withhold.
What is W-4?
Ramsey recommends investing this percent of your income for retirement after becoming debt free.
What is 15%?
Ken Coleman talked about finding your "sweet spot" in your career search being the intersection of 3 things. Name 2 of the 3 things.
What is Talents, Values, and Passions?
Two colleges accept Noah. One costs much less and allows him to graduate debt free. What is the most important thing Noah should consider in his decision?
What is affordability or can I afford it without student loans?
As long as your bank is insured by the _ _ _ _ through the National Government, your money is insured and safe up to $250,000.
What is the FDIC?
What is the portion of an employee's pay held back to cover taxes and other deductions.
What is Withholdings?
Funds invested from a group of investors in the stock market in multiple different type of investments.
What is a mutual fund?