Unit 9: Budgeting

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

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

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

Front

Which of the following is NOT a cost of owning a car? License and Registration fees, Gasoline, Utilities, Insurance

Back

Utilities

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

Front

A 18oz box of cereal costs $4.99. How would you calculate the unit price?

Back

$4.99 / 18oz

Front

What is a deductible?

Back

The amount you pay before your insurance begins to pay.

Front

How does the 50/30/20 rule of thumb for budgeting allocate your income?

Back

50% Needs, 30% Wants, 20% Savings & Debt Repayment

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."