Agenda

1. A youth initiative of the National Consumers League, brought to you by the Department of Commerce & Consumer Affairs Office of the Securities Commissioner (DCCA OSC) in partnership with the Hawaii Credit Union League (HCUL). www.LifeSmartsHawaii.com

2. Agenda • Who We Are • About LifeSmarts • Topics • Practice Questions • Resources • Activities

3. Who We Are DCCA as a department promotes a strong and healthy business environment while protecting the community from unfair and deceptive business practices. We Regulate • The Compliance Branch is responsible for registration of securities professionals and firms and examining securities firms.

4. Who We Are We Protect • The Enforcement Branch receives and investigates complaints about investment fraud and other securities violations. We take legal action against violators of securities laws.

5. Who We Are We Educate • The Investor Education Program provides information on how to make wise choices when investing, protecting yourself against investment fraud and financial literacy.

6. About our partner: HCUL Established in 1937, Hawaii Credit Union League (HCUL) is the nonprofit trade association representing affiliated credit unions in Hawaii and Guam.  HCUL affiliation makes a credit union part of a cooperative effort to ultimately help enrich and benefit the lives of the members they serve.

7. About our partner: HCUL Credit unions are different from banks as they are not-for-profit financial cooperatives.  Members have a voice in their credit union as they are not just “customers.”  A credit union member in good standing is able to vote, help direct their credit union, and even participate as a board/committee volunteer.  

8. What is LifeSmarts? LifeSmarts is: • a competition • challenging • a way to learn things you need to know

9. We Tackle the Tough Issues LifeSmarts goes in-depth on the issues teens face now and after graduation. Consumer Rights Technology Personal Finance Environment Health & Safety

10. LifeSmarts is Consumer and Financial Literacy • Content, concept and vocabulary based • Real world application • Promotes thinking and discussion • Problem solving • Critical thinking

11. LifeSmarts Resources • Online Practice Quizzes • TeamSmarts • LifeSmarts U • LifeSmarts Calendar & Vocabulary Flashcards

12. LifeSmarts U Activities • Personal Finance • Health and Safety • Technology • Fraud Awareness

13. Personal Finance

14. Personal Finance Topics • Saving • Investing • Banking • Budget • Income/Expenses • Credit/Debt • Mortgage/real estate/ rent/lease • Career/job/ entrepreneur • Education/Financial Aid • Retirement • Taxes • Currency/exchange rate • Stock markets (domestic, international)

15. Practice Question 07028 – Personal Finance: You are shopping for a new television. Which of the following taxes are you most likely to pay with your purchase? a. Income tax b. Sales tax c. Property tax Correct Answer: b. Sales tax

16. Practice Question 01937 – Personal Finance: Money paid on a loan for the privilege of credit is called: a. Principal b. Interest c. Deductible Correct Answer: b. Interest

17. Practice Question 15653 – Personal Finance: What is a 401(k)? a. A retirement savings plan b. A type of checking account c. A tax designation used by non-profits Correct Answer: a. A retirement savings plan

18. Resources • DCCA Hawaii (Department of Commerce and Consumer Affairs) • FDIC (Federal Deposit Insurance Commission) • FTC (Federal Trade Commission) • SEC (Security and Exchange Commission) • EEOC (Equal Employment Opportunity Commission) • IRS (Internal Revenue Service) • SBA (Small Business Administration)

19. Consumer Rights & Responsibilities

20. Consumer Rights & Responsibilities Topics • Fraud/scams • Identity Theft • Consumer Protection • Federal Government (law, rights, citizenship) • Voting/Elections • Travel • Shopping • Economics • Insurance • Business

21. Practice Question 21742 – Consumer Rights: The Better Business Bureau is part of which government department? a. Department of Commerce b. Department of Justice c. None, it is a non-profit organization Correct Answer: c. None, it is a non-profit organization

22. Practice Question 05554 – Consumer Rights: Which federal agency is responsible for taking action against phony work-at-home scams? a. Department of Justice b. Federal Trade Commission c. U.S. Chamber of Commerce Correct Answer: b. Federal Trade Commission

23. Practice Question 16615 – Consumer Rights: Most rental car companies will charge additional fees and limit the types of car available to drivers under what age? a. 18 b. 21 c. 25 Correct Answer: c. 25

24. Resources • BBB (Better Business Bureau) • DOJ (Department of Justice) • DOL (Department of Labor) • FCIC (Federal Consumer Information Center) • FCC (Federal Communications Commission) • USPS (U.S. Postal Service) • USA.gov • VA (Veteran’s Affairs Department)

25. Technology

26. Technology Topics • Computer hardware • Multimedia • Communications • Social networking • Mobile Devices • Software/ Applications • Cyber Ethics • Cyber Security • Data information/storage • Parts of an Internet browser

27. Practice Question 08448 – Technology: Which of the following is required to run all the programs on a computer? a. Disk drive b. Operating system c. Peripherals Correct Answer: b. Operating system

28. Practice Question 19184 – Technology: Telephones operating on the traditional wired system found in homes and businesses are known as: a. Landline phones b. Telecom phones c. Mobile phones Correct Answer: a. Landline phones

29. Practice Question 23146 – Technology: You create a password that has both capital and lowercase letters and must be typed in the exact format you originally wrote them. This means the password is: a. Encrypted b. Alphanumeric c. Case specific Correct Answer: c. Case specific

30. Resources • NIST (National Institute of Standards and Technology) • NTIS (National Technical Information Service) • Office of Science and Technology Policy • Research and Innovative Technology Administration

31. Health & Safety

32. Health & Safety Topics • Food safety • Vitamins/ drugs/ pharmaceuticals • Nutrition • Social relationships/ interaction • Anatomy • Disease/Virus/Allergies • Medicine • Automobiles • Women’s health (pregnancy) • First Aid • Fire Safety • Healthcare • Mental/ emotional health

33. Practice Question 02397 – Health and Safety: Which of the following pieces of information is required to be included on the Nutrition Label? a. Serving size b. Water content c. Percentage of unsaturated fat Correct Answer: a. Serving size

34. Practice Question 11607 – Health and Safety: If an extension cord feels warm to the touch, you should: a. Do nothing, it is working normally b. Disconnect any appliances connected to it c. Leave the house immediately and call 911 Correct Answer: b. Disconnect any appliances connected to it

35. Practice Question 10475 – Health and Safety: Kidneys are used to help: a. Filter waste from the blood b. Regulate body temperature c. Control nervous impulses Correct Answer: a. Filter waste from the blood

36. Resources • CDC (Centers for Disease Control and Prevention) • FDA (Food and Drug Administration) • SSA (Social Security Administration) • CPSC (Consumer Product Safety Commission) • NSA (National Security Agency) • FBI (Federal Bureau of Investigation) • TSA (Transportation Security Administration)

37. Environment

38. Environment Topics • Animals/species • Ecosystems • Natural resources (oil, gas, water) • Elements • Exports/Imports • Ocean • Weather • Temperature • Population/ human impact • Atmosphere • Transportation • “Green” energy (wind, solar, ocean, geothermal) • Recycling/solid waste

39. Practice Question 02358 – Environment: What is carbon monoxide? a. A poisonous gas b. A harmless solid c. A liquid released by plants Correct Answer: a. A poisonous gas

40. Practice Question 14406 – Environment: The Everglades are the largest subtropical wetlands in the US. In which state would you find the Everglades? a. Texas b. Hawaii c. Florida Correct Answer: c. Florida

41. Practice Question 05162 – Environment: In a photovoltaic cell, solar energy is converted into: a. Heat b. Light c. Electricity Correct Answer: c. Electricity

42. Resources • NOAA (National Oceanic and Atmospheric Administration) • Civil Defense • National Weather Service • EPA (Environmental Protection Agency) • FAA (Federal Aviation Administration) • FEMA (Federal Emergency Management Agency) • USGS (U.S. Geological Survey) • U.S. Coast Guard

43. Activity

44. Questions?

45. HISecurities Connect with us

46. MAHALO!