What can make some areas of the country financially challenging to a young person just starting out in a career?

Question

(1 point)
Responses

cities are very crowded and difficult to navigate
cities are very crowded and difficult to navigate

some areas of the country have a higher cost of living
some areas of the country have a higher cost of living

some careers do not exist in parts of the country
some careers do not exist in parts of the country

some parts of the country have smarter citizens.

Answer 1

The most relevant response is:

some areas of the country have a higher cost of living

This can significantly impact a young person's financial situation, especially when starting out in a career.

Answer 2

Many young people must do which of the following in order to acquire job training?

(1 point)
Responses

assume some student debt
assume some student debt

just let things happen
just let things happen

choose a different career
choose a different career

read books about their chosen job

Answer 3

The most relevant response is:

assume some student debt

Many young people incur student debt to pay for education or training required to enter their chosen career fields.

Answer 4

Which of the following is a good question to ask about a career you may choose?

(1 point)
Responses

What does my family want me to do?
What does my family want me to do?

What training/education will I need?
What training/education will I need?

Will I be able to impress people with my career?
Will I be able to impress people with my career?

Who else has done this job?

Answer 5

The best response is:

What training/education will I need?

This question is essential as it helps you understand the requirements and steps necessary to pursue that career successfully.

Answer 6

What percentage of your salary should go to savings?

(1 point)
Responses

5%
5%

10%
10%

20%
20%

50%

Answer 7

The generally recommended percentage of your salary that should go to savings is:

20%

This guideline is often suggested as part of a balanced approach to budgeting and saving for long-term financial goals.

Answer 8

Pedro did not save any money for college. What is his best option for job training?

(1 point)
Responses

ask his parents for money
ask his parents for money

choose another career path
choose another career path

take out student loans
take out student loans

work full-time in a related job

Answer 9

The best option for Pedro, given that he did not save any money for college, is:

work full-time in a related job

This option allows him to gain experience and possibly earn money while exploring a career pathway, without incurring student debt.

Answer 10

What is the name for writing down where your income will go each month?

(1 point)
Responses

budget
budget

debt list
debt list

income list
income list

money plan

Answer 11

The correct response is:

budget

A budget is a plan that outlines where your income will go each month.