Studied by 1 personFour parts of the communication cycle
sender, messenger, receiver, feedback
3 examples of interference in the communication cycle
sound, not listening, message not arriving
4 types of communication
verbal, nonverbal, listening, written
3 blocks to communication
distractions, emotional blocks, planning your response
intrinsic motivation
actions derived from internal rewards (cleaning your room because it will make you want to do other tasks)
extrinsic motivation
a motivation to take actions that lead to reward (your mom pays you to clean your room)
What is the minimum age of employment in Michigan?
14
When do teenagers have to have a work permit?
Before they start the job
Do you need your school district's approval before starting a job?
yes
What is the minimum hourly wage for 16-17 year olds in Michigan?
$8.20
Can a minor be a delivery driver?
no
What is the total number of hours a 16-17 can work while school is IN session?
25 hours
What is the total number of hours a 16-17 year old can work while school is OUT of session?
48 hours
How many hours can a minor work before getting a 30 minute rest/food break?
5 hours
On Mondays-Thursdays, what times can minor start work and have to end working?
Start at 6 am and end at 10:30
Can a minor ever work more than 10 hours in a day?
no
If a student is homeschooled or online, can they work during the day?
no
List 3 important do's and don'ts for job applications
spell everything correctly, be as neat as possible, and don't use a friend as a reference
What are the 4 areas that resumes need to summarize?
work experience, skills, achievements, and interests
How long should a high school resume be?
No longer than a page
Should your resume use sentences/paragraphs or phrases with verb diven bullet points?
phrases with verb driven bullet points
3 buzzwords that can be helpful to use on a resume
achieved, employed, organized
3 tips on how to interview correctly
dress nicely, make eye contact, don't run on with your answers
hourly wage employee
someone who gets paid by the hour
salary employee
someone who gets paid a certain amount a year no matter how much they work
gross pay
the amount of money you get paid before deductions
net pay
the amount of money you get paid after deductions
witholding
partial payment of your annual income taxes that is directly sent to the government
deductions
allows you to deduct from your paycheck before paying taxes
interest
money paid regularly at a particular rate
savings account
an account you can put money in for long term and can earn interest on
certificate of deposite
certificate issued by a bank to a person depositing money for a specific length of time
bonds
IOU certifying that you loaned money to a government or corporation and outlines terms of agreement
stocks
represent ownership of a corporation; stockholders own a share of a company and are entitled to a share of the profits
real estate
houses, buildings, land, etc.
retirement accounts
specific plans that help people set aside money for retirement
types of retirement accounts
individual retirement account (IRA), 401(k), 403(b)
How long is a short term savings goal?
fewer than two months; buying a pair of shoes, concert tickets, a present for a friend
how long is a medium term savings goal?
two months up to three years; saving money for a vacations, new furniture
how long is a long term saving goal?
three or more years to achieve; buy a new car, paying for college, buying a house
fixed expense
expenses that remain the same from month to month; rent, mortgage, car payments
variable/flexible expense
expenses that change from month to month; gas for car, food, cell phone bill
occasional/periodic expense
expenses that occur once or a few times a year; car maintenance, medical or dental check ups
planned expense
expenses that are expected or planned for; new furniture, birthday presents
unplanned expense
expenses for emergencies, an urgent need, or an impulse purchase; unplanned car repairs, home appliance breaking
In terms of budgeting, what does it mean to pay yourself first?
make sure you have enough money for bills and other expenses before you buy something that is not necessary
difference between credit cards and debit cards
debit card withdrawals money from a band account (checking or savings) while a credit card creates a loan (pay now vs pay later)
interest rate
the price a lender charges for loaning money
annual fee
an annual fee from a credit card company for using their card
balance
the amount of money owed; when a consumer doesn't pay the monthly payment owed in full, the money that is still owed is called the balance
credit limit/line
amount of money that can be charged to a credit card
Annual Percentage Rate (APR)
the interest rate charged on credit card balances; this rate is applied each month that an outstanding balance occurs; may increase if a person does NOT make regular payment
finance charge
total cost of borrowing money, including interest and fees
grace period
time allowed to pay your credit card bill without having to pay interest; most credit cards do not give a grace period for cash advances and balance transfers; if there is no grace period, the interest charges start right away
cash advance
a cash loan from a credit card; the interest rate on a cash advance is significantly higher than on purchases or balance transfers; a transaction fee is usually charged as well
transaction fee
a fee charged when transferring or completing a transaction; the fee is a percentage of the charge
minimum payment
the lowest amount of money you are required to pay each month
late fee
a fee charged to the borrower who misses paying at least their minimum payment by the payment deadline
reward card
a credit card carrying an incentive, typically involving cash back, merchandise discounts, or frequent flyer points
What are the 3 main choices students have after they graduate high school?
enter the workforce, join the military, go to college
When you fill out the FAFSA, which 3 types of financial aid are you applying for?
grants, work-study, loans
What are loans?
borrowed money for college or career school; you must repay your loans with interest
what are grants?
financial aid that doesn't have to be repaid
what is work-study?
a work program through which you earn money to help you pay for school
what are scholarships?
a grant or payment made to support a student's education, awarded on the basis of academic or other achievement
what is the federal pell grant?
doesn't have to be repaid; awarded only to undergraduate students who have not earned a bachelor's degree or professional degree
why is it better to use federal student loans instead of a private bank student loan?
it doesn't have to be rapid and does not collect interest
what are subsidized loans?
loans backed by the government and will not accrue interest until you graduate and start making payments
what are unsubsidized loans?
loans will start accruing interest from the time the loan is taken out; you must reapply for the loan each year, and the terms may change each time you reapply
what is a PLUS loan?
student loan offered to parents of students enrolled at least half time, or graduate and professional students
what is a Perkins loan?
a need based student loan to assist american college students in funding their college education
what is the grace period for federal student loans?
6 months
how long is a standard repayment period of a federal student loan?
10 years
what is an income-based repayment plan for federal students loans?
payments based on income, not amount owed
what is a graduated repayment plan for federal student loans?
initially low payments that increase every two years
what is a negative about using an extended/income-based/graduated repayment plan?
they are the lowest payment for borrowers
what does it mean to consolidate your student loans?
get a new student loan that pays off all existing student loans
what is student loan forgiveness and who can receive it?
a program by the federal government to encourage young people to consider giving back to society by performing public service
what are two options for a person who cannot make payments on their student loans because of financial hardship?
deferment or forbearance
explain the health triangle
physical, social, and mental health
mental health
includes our emotional, psychological, and social well being; affects how we think, feel, and act
3 factors contributing to mental health problems
biological factors, life experiences, family history of mental illness
2 examples of behaviors at the healthy stage
performing well and normal sleep patterns
2 examples of behaviors at the reacting stage
nervousness and sadness
examples of behaviors at the ill stage
depression, anxiety, constant fatigue
what are the 2 types of stress?
distress and eustress
what are the 2 types of distress?
chronic and episodic
chronic stress example
abuse
episodic stress example
bad test grade
eustress example
prom, vacation
what are two of the stress hormones that are released during a stress response?
adrenaline and cortisol
explain why the physiological stress response was important for humans hundreds of years ago but can be negative to humans currently
they needed it for their fight or flight response for hunting
list 2 physical effects of stress
headache, fatigue
list 2 mental effects of stress
anxiety, restlessness
list 2 social effects of stress
oversleeping, drug abuse
list 2 examples of how to cope with stress that can relieve tension or provide relaxation
yoga, music
schizophrenia
hear voices in your head, hard to focus on one thing, isolating yourself and increased thoughts that are unusual
anxiety
can't calm yourself down, worry about daily tasks, thing, behave, and react differently
ocd
feel like you need to make everything perfect or right, see nightmares or think bad thoughts, having different types of obsessions, has compulsions to try and stop obsessions
depression
sleep isn't easy, changes in appetite, loss of energy, suicidal thoughts
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