5-Personal Finanace

Multiple Choice

What’s more important education or experience?

• Education

• Experience

• Both

• Neither

Multiple Choice

What is the national median wage for opportunity occupations in 2020?

• $41,950

• $50,000

• $60,000

• $70,000

Poll

What post-secondary option do you think is the best fit for you?

• Workforce

• Military

• College

• Trade School

• Certification Program

Multiple Choice

How do you qualify for student aid?

• By filling out the FAFSA form

• By applying for scholarships

• By taking student loans

• By attending a specific school

Multiple Choice

When looking at a financial aid award letter, which type(s) of aid would you have to pay BACK?

• Federal Pell Grant

• Direct Subsidized Loan

• Merit Scholarship

• Federal Work-Study

Multiple Select

What documents are needed to fill out and file a FAFSA?

• Your Social Security Number

• Your Alien Registration Number

• Your federal income tax returns, W-2s, and other records of money earned

• An FSA ID to sign electronically

Open Ended

What should you consider when looking for a job?

Multiple Select

What are some important factors to consider when looking for employment opportunities after high school?

• Employment opportunities

• Consider pay

• Job expectations

• Potential commute

Multiple Choice

What are the pros and cons of renting versus buying a home?

• No long-term commitment

• Build equity

• Don't build equity

• More responsibility

Multiple Choice

What are the benefits of renting a home?

• Long-term commitment

• High property tax

• Maintenance responsibilities

• Lower upfront costs

Multiple Select

What are the key factors to consider when deciding between being a homeowner or a renter?

• Current interest rates

• Home prices

• Qualification for loan

• Home maintenance

Multiple Select

What factors should you consider when selecting a home loan or mortgage?

• Loan qualification

• Monthly payment affordability

• Fixed vs Variable loan

• Time of loan

Open Ended

What considerations are made when car shopping?

Multiple Select

What factors should be considered when selecting a home loan or mortgage?

• Reliability

• Safety features

• Cost of repairs

• Warranty

Multiple Choice

What could be a reason for Emily to prefer using public transportation over owning a car?

• The availability of efficient bus and train services

• Lack of parking spaces in her area

Multiple Select

What are the 6 types of income mentioned in the image?

• Dividends

• Hourly wages

• Independent Contractor Services

• Salary

• Tips

Multiple Choice

What is the purpose of the Individual Income Tax Form 1040?

• To apply for a home loan

• To calculate taxes owed

• To report income and calculate tax liability

• To file for bankruptcy

Multiple Choice

How is gross pay different from net pay?

• Gross pay is the total you earned, while net pay has taxes deducted

• Gross pay is always lower, while net pay is always higher

Multiple Choice

What are the common components of a paystub?

• Gross pay

• Net pay

• Federal income tax

• All of the above

Poll

How confident do you feel about this topic now?

• Very confident
• Somewhat confident
• Not confident

Poll

How confident do you feel about this topic now?

• Very confident
• Somewhat confident
• Not confident

Poll

How confident do you feel about this topic now?

• Very confident
• Somewhat confident
• Not confident