Show:
Rules of WoW
Budget
Savings
Careers
Potpourri
100
What is the first rule of World of Work?
The 1st rule of world of work is PAY YOURSELF FIRST.
100
What is a budget?
A budget is a financial plan to decide what you spend your money on and how much you are going to spend.
100
Name a place where you can save money.
You can save money in a piggy bank or a real bank.
100
1.Do all careers require a college education? 2.Name one that require a college degree.
1. No. There are some very high paying jobs that do not require a college degree. Jobs like chef, paralegal (helps lawyers do their work), event planner, real estate agent, or restaurant owner do not require a college degree. 2. Teacher (answers will vary)
100
Name two businesses that a kid might start
Answers will vary
200
What is the 2nd rule of World of Work?
The second rule of world of work is WORK AT WHAT YOU LOVE.
200
Name something that you will find in a Household budget?
Answers can be: Electricity, Food, Mortgage etc....
200
You get birthday money or money from graduation, what do you do with it?
SAVE SOME!!!!
200
Can you start a business without a college degree? You must give an example for your answer.
Answers will vary.
200
For city planning, businesses are built in what kind of zone?
Businesses are built in COMMERCIAL zones.
300
If you're a student starting your own business, name a person besides a friend who can help you get started.
A person who can help you get started is a parent, trusted family member, or a teacher.
300
You earn $10.00 a week for you allowance. How much do you pay yourself?
Pay yourself at least $1.00. Put it into savings or a piggybank. For every $10.00 you earn or are given you should save at least $1.00.
300
How many savings accounts can you have?
You may have as many as you like.
300
We spent a whole class learning about one career. What was that career?
We spent a whole class learning about being a City Planner.
300
What does entrepreneur mean?
It means starting your own business. Sometimes you will employ others to work for you.
400
Treating people well is one of our school rules. Why is this a good rule for World of Work?
Treating people well in business means that they will like to do business with you. The more people who do business with you means you will be making more profits.
400
Part of our budgeting always includes that some of our money will go to charity. What is charity?
Charity is the giving of money, services, or goods to people or a group so that people will be provided food, clothing, shelter, education, and medical care.
400
Banks and piggy banks are good places to keep money. However, why is it better to keep money in the bank?
The bank pays you interest on the amount of money you have deposited into the bank. In other words, the bank pays you to keep your money in their bank and you earn more money when you keep it in the bank.
400
You want to be a deep sea diver, what subjects in school do you need to study?
Math, Science, Physics, Marine Biology,
400
During our city planning class we discussed two different building zones. In what zone can you build houses?
Houses are built in RESIDENTIAL zones. You reside in a home. You live in a home.
500
Explain how a company or a business partners with the community?
Answers will vary.
500
Name one item on a budget that will not be the same each time you make a budget. For example, the amount spent on food can change. What else on your budget can change?
Electricity, gasoline, internet,
500
What does FDIC mean?
The Federal Deposit Insurance Corporation (FDIC) is the U.S. corporation insuring deposits in the United States against bank failure. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices
500
You're thinking about starting a business, what do you do first?
Answers will vary. The first thing must include a plan.
500
You are going to be on Shark Tank. Come up with a catchy business name for a business that makes fancy food. This can be a restaurant or a grocery store.
Ms. Van O decides if it is catchy.