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Finance Manage & Soft App
What does confirmation bias cause you to do?
What is the purpose of persona budgets?
Finance Manage & Soft App
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1
What is the purpose of persona budgets?
To decorate a planner
To practice planning income, expenses, and savings
2
What does confirmation bias cause you to do?
Disagree with everyone
Favor info that confirms what you already believe
Seek new opinions
3
What is the role of the Maryland Chamber of Commerce?
Print business cards
Collect taxes
Help businesses grow and offer student opportunities
4
What is the main difference between term and whole life insurance?
Term life is more expensive
Term life is more expensive
Whole life only lasts 10 years
5
If your regular pay is $12/hour, what is your overtime rate?
$18/hour
$12/hour
$15/hour
$24/hour
6
What is business credit used for?
Paying employee wages
Getting personal loans
Getting business loans or vendor terms
Buying stock
7
Which of the following helps build good personal credit?
Paying bills on time
What is business credit used for?
Maxing out credit cards
Ignoring credit card bills
8
Which field is NOT typically part of tech careers mentioned?
Architecture
Software development
Cybersecurity
9
What does Rocket Money help you do?
Invest in stocks
Open a checking account
Find scholarships
Track subscriptions and spending
10
Which is NOT a recommended way for teens to save money?
Save part of every paycheck
Spend all birthday money
Use budgeting apps
Set realistic savings goals
11
1. What qualifies as overtime under federal law?
Any work on weekends
Night shifts
Working past 5 p.m.
Hours worked beyond 40 in a week
12
What does FAFSA stand for and provide access to?
Federal aid like grants, loans, and work-study
Fast Applications for School Activities
Free Airfare for Students Abroad
13
What is one of the first steps to start a business in Maryland?
Get a business tattoo
Hire 10 employees
Choose a business name and legal structure
14
What type of savings account usually has the highest interest but locks your money for a set time?
401(k)
Certificate of Deposit (CD)
High-Yield Savings
Emergency Fund
15
What should you include in a resume?
Social media passwords
Volunteer experience and skills
Favorite movies