Benefits of student cards?

access to student discounts, helps save money, can view your history

What is career development?

Lifelong process of managing work and transitions

The cost of going to university or collage

What is the 50/30/20 money rule?

50% goes to needs, 30% goes to wants, 20% goes to savings

What is financial literacy?

Ability to understand and effectively use various financial skills

Important information for a cover letter

Why you should get the job, skills, qualifications

What information is needed on a resume?

Work experience, contact info, references

What does surplus mean financially?

When income is greater than expense

What is a SMART goal?

Specific, Measurable, Action oriented, Realistic, Time bound

Creating a plan for how you will spend your money

Money that parents save for their child's education

Meeting people/ making new connections

Potential drawbacks to student credit cards

Hard to keep up with monthly payment if you don't have a job

What is student credit card?

Credit card with lower limits thats designed for students

Money given to help cover education costs

Putting money into things that will grow and make more money overtime

studbud

CEO

21 termsStudBud Administration13 plays

Imported from external platform

Flashcards21 cardsFPractice quizPHost liveL

Questions 21

Answers

1
Benefits of student cards?
Allows you to spend more money
Gets you free stuff
access to student discounts, helps save money, can view your history
Helps save for certain items
2
What % of Canada is in debt?
90%
87.3%
73.2%
66.1%
3
What is career development?
Short term process of managing work and transitions
Slowly working your way up in a job to get a higher position
Having multiple jobs to figure out which one you like best
Lifelong process of managing work and transitions
4
Bonus! What year did Bluefield open/
1978
1954
1999
1972
5
What is tuition?
The cost of going to university or collage
A donation you make to support your universities sports teams
Price of school supplies ( books, pencils etc)
The money teachers get paid for teaching a class in collage or university
6
What is the 50/30/20 money rule?
20% goes to wants, 50% goes to savings, 30% goes to needs
50% goes to needs, 30% goes to wants, 20% goes to savings
30% goes to savings, 50% goes to needs, 20% goes to wants
50% goes to wants, 30% goes to needs, 20% goes to savings
7
What is financial literacy?
Ability to understand and effectively use various financial skills
The ability to do your own taxes, and knowing how to make a lot of money
When you have so much money you don't need to worry
Using math to figure out how money works
8
Important information for a cover letter
Why you should get the job, skills, qualifications
Street address, personal info, previous job experience
All of the above
Volunteer experience, references, education history
9
What information is needed on a resume?
Contact info, position your applying for, your birthday
Nome of the above
Where you want to work, future plans, contact info, references
Work experience, contact info, references
10
What does surplus mean financially?
When you borrow more money then you need
When expenses are greater than income
When income is greater than expense
When you have a lot of money to pay on your car
11
What is a SMART goal?
Specific, Measurable, Action oriented, Realistic, Time bound
Strong, Memorable, Achievable, Relevant, Timed
Smart, Money, Ambitious, Real, Timeless
Simple, Method, Actions, Right, Teamwork
12
What is budgeting?
Guessing how much money you will end up with
Creating a plan for how you will spend your money
Not spending any money whatsoever
Creating a plan to save up all your money to keep you out of debt
13
What is an RESP?
Money that parents save for their child's education
A bank account for students to use for everyday spending
A loan you must replay after you finish school
Money given from the government to students to help them pay for school
14
What is networking?
Creating new video games
Designing networks online as your career
Meeting people/ making new connections
Using computers at work
15
Potential drawbacks to student credit cards
Hard to keep up with monthly payment if you don't have a job
You get charged more per month then with a regular credit card
Your credit score goes up on card
High interest rates
16
What is student credit card?
Credit card with lower limits thats designed for students
Debit card with lower limits thats designed for students
A debit card aimed at students
Credit card with higher limits thats designed for students
17
What is a bursary?
Money given to help cover education costs
A fine students pay when they break school rules
A job you get at university or collage when your paid to help teachers
A loan that students must pay back after graduating
18
Having debt means your financially irresponsible
True
False
19
Career development is usually a linear pathway
False
True
20
When applying for a job it is smart to have a cover letter and resume prepared
False
True
21
What is investing?
Putting money in bank account and never touching it so it is safe
Putting money into things that will grow and make more money overtime
Lending your money to a friend to keep it safe
Continuously spending all your money on expensive items

CEO Flashcards | StudBud

CEO

21 termsStudBud Administration13 plays

Imported from external platform

Flashcards21 cardsFPractice quizPHost liveL

Questions 21

Answers

1
Benefits of student cards?
Allows you to spend more money
Gets you free stuff
access to student discounts, helps save money, can view your history
Helps save for certain items
2
What % of Canada is in debt?
90%
87.3%
73.2%
66.1%
3
What is career development?
Short term process of managing work and transitions
Slowly working your way up in a job to get a higher position
Having multiple jobs to figure out which one you like best
Lifelong process of managing work and transitions
4
Bonus! What year did Bluefield open/
1978
1954
1999
1972
5
What is tuition?
The cost of going to university or collage
A donation you make to support your universities sports teams
Price of school supplies ( books, pencils etc)
The money teachers get paid for teaching a class in collage or university
6
What is the 50/30/20 money rule?
20% goes to wants, 50% goes to savings, 30% goes to needs
50% goes to needs, 30% goes to wants, 20% goes to savings
30% goes to savings, 50% goes to needs, 20% goes to wants
50% goes to wants, 30% goes to needs, 20% goes to savings
7
What is financial literacy?
Ability to understand and effectively use various financial skills
The ability to do your own taxes, and knowing how to make a lot of money
When you have so much money you don't need to worry
Using math to figure out how money works
8
Important information for a cover letter
Why you should get the job, skills, qualifications
Street address, personal info, previous job experience
All of the above
Volunteer experience, references, education history
9
What information is needed on a resume?
Contact info, position your applying for, your birthday
Nome of the above
Where you want to work, future plans, contact info, references
Work experience, contact info, references
10
What does surplus mean financially?
When you borrow more money then you need
When expenses are greater than income
When income is greater than expense
When you have a lot of money to pay on your car
11
What is a SMART goal?
Specific, Measurable, Action oriented, Realistic, Time bound
Strong, Memorable, Achievable, Relevant, Timed
Smart, Money, Ambitious, Real, Timeless
Simple, Method, Actions, Right, Teamwork
12
What is budgeting?
Guessing how much money you will end up with
Creating a plan for how you will spend your money
Not spending any money whatsoever
Creating a plan to save up all your money to keep you out of debt
13
What is an RESP?
Money that parents save for their child's education
A bank account for students to use for everyday spending
A loan you must replay after you finish school
Money given from the government to students to help them pay for school
14
What is networking?
Creating new video games
Designing networks online as your career
Meeting people/ making new connections
Using computers at work
15
Potential drawbacks to student credit cards
Hard to keep up with monthly payment if you don't have a job
You get charged more per month then with a regular credit card
Your credit score goes up on card
High interest rates
16
What is student credit card?
Credit card with lower limits thats designed for students
Debit card with lower limits thats designed for students
A debit card aimed at students
Credit card with higher limits thats designed for students
17
What is a bursary?
Money given to help cover education costs
A fine students pay when they break school rules
A job you get at university or collage when your paid to help teachers
A loan that students must pay back after graduating
18
Having debt means your financially irresponsible
True
False
19
Career development is usually a linear pathway
False
True
20
When applying for a job it is smart to have a cover letter and resume prepared
False
True
21
What is investing?
Putting money in bank account and never touching it so it is safe
Putting money into things that will grow and make more money overtime
Lending your money to a friend to keep it safe
Continuously spending all your money on expensive items