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Have you been listening...... Flashcards | StudBud

Explore/Have you been listening......

Have you been listening......

10 terms·StudBud Administration

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Questions 10

Answers

1
What are taxes? (blue is a continuation of red)
The money that the bank takes from your income to pay themselves
to pay for things supporting the country
money collected by the government from people/businesses
Money donated from the government to the poor
2
Ways to keep your information private
Don’t answer messages or calls from unknown numbers
Short easy password to access your information so that you remember it
Strong passwords
Post everything on snapchat
3
What is a job someone that is a young teen can have?
Selling body parts
Tutoring
Volunteering to drive the bus to school
Owning a corporate business
4
What is financial literacy?
The study of money and different currencies
The act if writing essays on anything to do with finance
knowing how to use a cash register
the knowledge and skills to make financial decisions wisely
5
What can lead to debt?
Medical bills
Unexpected expenses
Food
Buying things on sale
6
Why should you budget?
Because it is trending right now
So that you know the latest fashion trends
To stop you overspending money
It is a new law
7
A need is............
Maccas
Anything you require to survive (food, water)
Anything that you think you need (expensive food, nice new clothes, car)
Charlotte Tilbury Flawless Filter Foundation
8
Supperannuation is......
Vegan restaurant
Employment agency for children
A type of income, such as salary and wage
Money from your salary put into your super fund for your retirement
9
What can lead to low credit scores?
Poor spending and borrowing
Late payments
Using cash instead of card
Buying without using rewards points
10
What are some common scams that target young people?
Tech support scams
Social media scams
Online shopping scams
Medicare scams