Ms. Wagemaker Coginchaug Regional High School Personal Finance Jeopardy Getting a Job Your Paycheck Your Budget Your Banking 100 200 300 400 500.

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Presentation transcript:

Ms. Wagemaker Coginchaug Regional High School

Personal Finance Jeopardy Getting a Job Your Paycheck Your Budget Your Banking

Credits Exit

Getting a Job $ Which of the following documents is not necessary to apply for a job? application form personal data sheet form 1040 résumé

Getting a Job $100 form 1040

Getting a Job $200 Which of the following information do you not provide on a résumé? your Social Security number your contact information your current and previous job titles your volunteer activities

Getting a Job $200 your Social Security number

Getting a Job $300 Which tax must be paid by everyone who works? Social Security tax sales tax property tax none of the above

Getting a Job $300 Social Security tax

Getting a Job $400 Susan makes an annual salary of $52,000. She gets paid every other week. What is her gross pay amount every other week? $1,000 $2,000 $1,800 $2,600

Getting a Job $400 $2,000

Getting a Job $500 Charlie works at a car dealership. He is paid a 15% commission. He sells 12 cars during the month of August. His total sales for the month are $350,000. If he sells over 10 cars, he gets a 1% bonus – the bonus is based on his total sales. How much are Charlie’s earnings for the month of August? $12,000 $21,000 $15,500 $21,500

Getting a Job $500 $21,000

Your Paycheck $100 If you make $18.00 an hour and work 40 hours a week, and your deductions equal $132.69, what is your net pay? $ $ $ $587.31

Your Paycheck $100 $587.31

Your Paycheck $200 Which tax must be paid by everyone who works? Social Security tax sales tax property tax none of the above

Your Paycheck $200 Social Security tax

Your Paycheck $300 The more tax allowances you claim on your Form W-4, the smaller your paycheck will be. the larger your paycheck will be. the more deductions your employer will withhold. the fewer deductions your employer will withhold.

Your Paycheck $300 the larger your paycheck will be because less is taken out for taxes

Your Paycheck $400 Which of the following deductions are MANDATORY? Social Security Charitable contributions Medicare State Income Taxes Retirement savings Federal Income Taxes Health Insurance Disability Insurance

Your Paycheck $400 MANDATORY DEDUCTIONS: Social Security Charitable contributions Medicare State Income Taxes Retirement savings Federal Income Taxes Health Insurance Disability Insurance

Your Paycheck $500 Which of the following deductions are VOLUNTARY? Social Security Charitable contributions Medicare State Income Taxes Retirement savings Federal Income Taxes Health Insurance Disability Insurance

Your Paycheck $500 Which of the following deductions are VOLUNTARY? Social Security Charitable contributions Medicare State Income Taxes Retirement savings Federal Income Taxes Health Insurance Disability Insurance

Your Budget $100 What is the first thing to consider when planning a budget? cash flow statement estimated expenses financial goals emergency fund

Your Budget $100 What is the first thing to consider when planning a budget? cash flow statement estimated expenses financial goals emergency fund

Your Budget $200 If your monthly income from your job is $600, and you want to save 25%, how much would you save each month? $125 $200 $150 $250

Your Budget $200 If your monthly income from your job is $600, and you want to save 25%, how much would you save each month? $125 $200 $150 $250

Your Budget $300 Fixed expenses include all of the following except electric bill. new tires. house payment. food.

Your Budget $300 Fixed expenses include all of the following except electric bill. new tires. house payment. food.

Your Budget $400 Which of the following most accurately describes a budget deficit? a.the money left over after all expenses are paid b.the difference between income and expenses c.expenses owed every month d.not having enough money to cover expenses

Your Budget $400 Which of the following most accurately describes a budget deficit? a.the money left over after all expenses are paid b.the difference between income and expenses c.expenses owed every month d.not having enough money to cover expenses

Your Budget $500 Your budget should reflect the three a.R’s: reality, responsibility, and restraint. b.R’s: realistic and responsible record keeping. c.S’s: simple, specific, and smart. d.S’s: share, save, spend.

Your Budget $500 Your budget should reflect the three a.R’s: reality, responsibility, and restraint. b.R’s: realistic and responsible record keeping. c.S’s: simple, specific, and smart. d.S’s: share, save, spend.

Your Banking $100 If you have $ in your checking account, and you spend $115.44, you will be charged a(n) deduction. interest fee. late fee. overdraft fee.

Your Banking $100 If you have $ in your checking account, and you spend $115.44, you will be charged a(n) deduction. interest fee. late fee. overdraft fee.

Your Banking $200 Which of the following is an example of interest? a.the fee charged by a check cashing company b.the money exchanged in a funds transfer c.the money a bank earns for lending money d.the fee a bank charges for an overdraft

Your Banking $200 a.the fee charged by a check cashing company b.the money exchanged in a funds transfer c.the money a bank earns for lending money d.the fee a bank charges for an overdraft

Your Banking $300 You need to fill out a __________ to ensure that the bank puts your money in the correct account. deposit slip checkbook register withdrawal slip signature card

Your Banking $300 You need to fill out a __________ to ensure that the bank puts your money in the correct account. deposit slip checkbook register withdrawal slip signature card

Your Banking $400 A checkbook register includes all the following columns except the date and type of transaction. the check number or transaction type. the date a transaction cleared the bank. the account balance.

Your Banking $400 A checkbook register includes all the following columns except the date and type of transaction. the check number or transaction type. the date a transaction cleared the bank. the account balance.

Your Banking $500 Which of the following could not be used to make purchases on credit? Visa card issued by your bank Gap Card debit card issued by your bank a BP gasoline card

Your Banking $500 Which of the following could not be used to make purchases on credit? Visa card issued by your bank Gap Card debit card issued by your bank a BP gasoline card