Budgeting for Transportation

Which of the following is considered a hidden cost of owning a car?

• Fuel expenses

• Car insurance

• Public transit fare

• Parking fees

What is one advantage of using public transportation over personal vehicles?

• Higher fuel costs

• Increased travel time

• Reduced environmental impact

• Limited route options

Which of the following costs is associated with maintaining a personal vehicle?

• Bus fare

• Oil change

• Train ticket

• Bicycle rental

Your transportation budget surplus (money leftover or unused) should be used to...

• Build an emergency fund

• Treat yourself to a day of shopping

• Line your utility drawer

• Buy a Starbucks drink everyday until it runs out

What is a potential disadvantage of relying solely on public transportation?

• Increased maintenance costs

• Limited travel flexibility

• Higher insurance premiums

• Increased fuel costs

What is a disadvantage of owning a car?

• Subway passes can be purchased for unlimited travel

• Cars are expensive to buy and maintain

• Walking may become uncomfortable if the weather is too hot or too cold

• Cycling can be dangerous in congested cities

What is a common method to reduce transportation costs for daily commutes?

• Driving alone

• Carpooling

• Taking a taxi

• Renting a car

Which of the following is a public transportation option that typically requires a fare?

• Walking

• Bicycling

• Bus

• Carpooling

What is a common characteristic of ride-sharing services?

• Fixed schedules

• On-demand availability

• Free rides

• Unlimited mileage

How do transportations options compare between rural and urban areas?

• There are more transportation options in rural areas than urban areas

• There are equal transportation opportunities for both rural and urban areas

• There are more transportation options in urban areas than in rural areas

• There are no transportation options for rural or urban areas