Dave Ramsey Ch 11 Housing and Real Estate Flashcard 2

Dave Ramsey Ch 11 Housing and Real Estate Flashcard 2

Assessment

Flashcard

Life Skills

12th Grade

Easy

Created by

Wayground Content

Used 1+ times

FREE Resource

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20 questions

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1.

FLASHCARD QUESTION

Front

Maya is about to start college and her parents advise her that it's best to develop good ____ now instead of waiting until she's on her own to figure it all out.

Back

Money habits

2.

FLASHCARD QUESTION

Front

Is renting a great option for many people?

Back

True

3.

FLASHCARD QUESTION

Front

Mason is planning his budget and wants to know what percentage of his take-home pay should be allocated to rent. His rent payment should total no more than ____% of his take-home pay.

Back

25

4.

FLASHCARD QUESTION

Front

What does cost of living refer to?

Back

The average cost of the basic goods and services needed to maintain a certain standard of living.

5.

FLASHCARD QUESTION

Front

When Isla is ready to buy a house, the best option is a ____

Back

15-year fixed-rate conventional mortgage

6.

FLASHCARD QUESTION

Front

Abigail's decision to rent or buy a house depends on her ____.

Back

Financial situation

7.

FLASHCARD QUESTION

Front

Benjamin bought a house as an investment. Over time, this house will typically ____ value.

Back

Increase in

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