
RENT OR BUY
Quiz
•
Specialty
•
11th Grade
•
Easy
Dale Williams
Used 7+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your rent payment should total no more than______ % of your take-home pay.
15
25
40
50
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you're ready to buy a house, the best option is a_________ loan.
ADJUSTABLE RATE MORTGAGE
HIGH INTEREST RATE
FIXED INTEREST RATE
SUPER BOWL
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Renting is a great option for many people (True/False)
TRUE
FALSE
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making periodic payments to a landlord for the use of their property is called________?
GREED
UNFAIR
FISHING
RENT
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does cost of living refer to?
HOW MUCH IT COST TO HAVE A BABY
AMOUNT OF LIVING EXPENSES
THE RATE OF RETURN ON EXERCISE
THE ENERGY IT REQUIRES TO RUN A MACHINE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
WHAT ARE the money principles?
BUDGET
SAVE
STAY OUT OF DEBT
GIVE
SPEND
GO INTO DEBT
DON'T GIVE ANYTHING
GET CREDIT CARDS
FINANCE NEW CARS
SPEND MORE THAN YOUR MAKE
HAVE DEBT
LIVE WITH YOUR PARENTS
DRY NEW CARS
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You should rent until you are able to_________?
PUT DOWN 20% ON YOUR HOME
TO HOLD DOWN A JOB
PAY FOR A HOME IN CASH
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