What's the point of "Persona Budgets"?

Practice budgeting by planning expenses and savings goals for yourself

What is FAFSA used for?

Free application for federal student aid

What is Overtime Pay?

Extra pay for hours worked over 40 in a week

What is Confirmation Bias?

Favoring information that confirms your existing beliefs

What is System Software?

Software that runs the computer

What does Life Insurance provide?

Money to your family if you pass away

Which types of savings are listed?

Emergency Fund High Yield Savings CDs 401k

What's a first step to start a business in Maryland?

Choose a business name and legal structure

What is Rocket Money?

A budgeting app that tracks spending, subscriptions, and helps teens save

What are key elements and tips for building a resume?

Use action words tailored for each job

A retirement savings plan from employers with tax free growth

Why is business credit important for a company?

It helps a business get loans or credit cards

How can a teen effectively save money

Use budgeting apps save part of paycheck

What tech fields are mentioned, and what kind of group helps diversity in tech?

Software development cybersecurity data science Blacks

studbud

Quiz

16 termsStudBud Administration

Imported from external platform

Flashcards16 cardsFPractice quizPHost liveL

Questions 16

Answers

1
What's the point of "Persona Budgets"?
Software that manages finances automatically
A government financial literacy program
Practice budgeting by planning expenses and savings goals for yourself
A type of investment with high returns
2
What is FAFSA used for?
Fresh and fast stuff announcment
Free as free stuff app
Free application for federal student aid
Friends and funding some apples
3
What's the usual range for a personal credit score?
100-500
500-900
300-850
0-1000
4
What is Overtime Pay?
Extra pay for hours worked over 40 in a week
Holiday pay
A performance bonus
Regular hourly pay
5
What is Confirmation Bias?
Favoring information that confirms your existing beliefs
Ignoring all new information
Always changing your views
Only trusting one source
6
What is System Software?
Maintenance tools
Games and entertainment
Software for user tasks
Software that runs the computer
7
What does Life Insurance provide?
Money to your family if you pass away
Retirement savings
Coverage for medical bills
Funds for car repairs
8
Which types of savings are listed?
Checking Account Savings Bond Stock Market Real Estate
Mutual Funds Annuities Gold Cryptocurrency
Retirement Account Education Savings Investment Portfolio Cash Savings
Emergency Fund High Yield Savings CDs 401k
9
What's a first step to start a business in Maryland?
Get a business loan
Hire employees
Choose a business name and legal structure
Find a physical office
10
How does the Maryland Chamber of Commerce help businesses?
Setting product prices
Providing direct loans
Networking and resources
Building new businesses
11
What is Rocket Money?
A bank offering high yield savings
A credit card for business owners
A dog
A budgeting app that tracks spending, subscriptions, and helps teens save
12
What are key elements and tips for building a resume?
Use action words tailored for each job
Hobbies only passive voice one resume for all jobs
Personal opinions make it very long include family history
Photo social security number all past addresses
13
What is a 401(k)?
A personal loan for college
A short term investment for emergencies
A retirement savings plan from employers with tax free growth
A government unemployment program
14
Why is business credit important for a company?
It's for paying employee salaries
It shows how much profit a business makes
It helps a business get loans or credit cards
It sets the business's market value
15
How can a teen effectively save money
Use budgeting apps save part of paycheck
Keep money under the mattress rely on parents never work avoid banks
Invest in stocks buy real estate start a business get a credit card
Get a loan avoid paying bills spend all allowance ignore budgeting
16
What tech fields are mentioned, and what kind of group helps diversity in tech?
Healthcare education construction government grants
Software development cybersecurity data science Blacks
Manufacturing agriculture retail sales local community centers
Art music theater cultural institutions

Quiz Flashcards | StudBud