A retirement savings plan from employers with tax free growth

What does Life Insurance provide?

Money to your family if you pass away

How can a teen effectively save money

Use budgeting apps save part of paycheck

What is System Software?

Software that runs the computer

What is Rocket Money?

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

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

Software development cybersecurity data science Blacks

What's the point of "Persona Budgets"?

Practice budgeting by planning expenses and savings goals for yourself

Which types of savings are listed?

Emergency Fund High Yield Savings CDs 401k

What is FAFSA used for?

Free application for federal student aid

What is Confirmation Bias?

Favoring information that confirms your existing beliefs

What is Overtime Pay?

Extra pay for hours worked over 40 in a week

What are key elements and tips for building a resume?

Use action words tailored for each job

Why is business credit important for a company?

It helps a business get loans or credit cards

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

Choose a business name and legal structure

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Quiz

16 termsStudBud Administration

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Questions 16

Answers

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

Quiz Flashcards | StudBud