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Financial Decision-Making Questions

Authored by Ms Neal

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9th - 12th Grade

Financial Decision-Making Questions
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31 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Apply a rational decision-making model to evaluate the costs and benefits of post-high school life choices (i.e., college, technical school, military enlistment, workforce participation, or other option).

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Evaluate costs and benefits of various ways to pay for post-high school life including scholarships, the HOPE scholarship, employment, work-study programs, loans, grants, savings, prior investments, and other options.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

Identify necessary documents needed to complete forms like the FAFSA or scholarship applications.

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Apply a rational decision-making model to evaluate other major life choices like employment opportunities, renting a home vs. buying, selecting a mortgage, and buying a car.

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe how individual financial decisions can help create generational wealth.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Compare different types of income including hourly wages, salary, tips, independent contractor services (Form 1099), dividends, and capital gains.

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

Review and complete a sample federal individual income tax form 1040.

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OFF

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