Making $80,000 per Year Right Out of College

Making $80,000 per Year Right Out of College

Assessment

Interactive Video

Business

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video provides an overview of an engineer's financial journey after college, detailing the starting salary, deductions, and monthly expenses. It highlights the importance of understanding gross versus net income, managing student loans, and making informed financial decisions. The speaker shares personal experiences and offers insights into potential savings strategies, emphasizing the significance of financial planning in early adulthood.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the starting salary of the engineer mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of the engineer's gross salary was deducted for taxes?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much money did the engineer contribute to their 401K per year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

List the monthly expenses of the engineer as mentioned in the text.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the total amount saved by the engineer each month?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How did student loans impact the engineer's savings?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice does the engineer give regarding financial planning in your 20s?

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