Unit 9: Budgeting
Flashcard
•
Life Skills
•
9th - 12th Grade
•
Hard
Wayground Content
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9 questions
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1.
FLASHCARD QUESTION
Front
It's common to have all of the following expenses BEFORE signing a lease EXCEPT... Renter's Insurance, Application fee, Application deposit, Apartment hunting expenses
Back
Renter's Insurance
2.
FLASHCARD QUESTION
Front
Which of the following might you pay WHEN you sign your lease? Finder's fee, Application fee, Security deposit, Renter's insurance
Back
Security deposit
3.
FLASHCARD QUESTION
Front
Which of the following would typically NOT be covered under renter's insurance? A friend slips and twists his ankle in your living room, Your apartment is broken into and your laptop is stolen, A fire destroys 80% of your belongings, Your apartment is flooded, destroying your furniture
Back
Your apartment is flooded, destroying your furniture
4.
FLASHCARD QUESTION
Front
Which of the following is NOT a cost of owning a car? License and Registration fees, Gasoline, Utilities, Insurance
Back
Utilities
5.
FLASHCARD QUESTION
Front
Which of the following is TRUE about unit pricing? Unit prices can help you compare the prices of similar items , Unit price labels are universal throughout the country , It's easy to compare quantities on a unit price label , All states require unit price labels
Back
Unit prices can help you compare the prices of similar items
6.
FLASHCARD QUESTION
Front
A 18oz box of cereal costs $4.99. How would you calculate the unit price?
Back
$4.99 / 18oz
7.
FLASHCARD QUESTION
Front
What is a deductible?
Back
The amount you pay before your insurance begins to pay.
8.
FLASHCARD QUESTION
Front
How does the 50/30/20 rule of thumb for budgeting allocate your income?
Back
50% Needs, 30% Wants, 20% Savings & Debt Repayment
9.
FLASHCARD QUESTION
Front
Which of the following is an example of buying something you NEED? Options: "I want to replace something that is no longer working." , "I want to impress someone/ change how they feel about me." , "I'm feeling down, and I need to boost my spirits." , "I don't want to miss out on these deals during the sale!"
Back
"I want to replace something that is no longer working."
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