Budgeting

Which of the following is a step you can take to mitigate the risk of buying a used car? (hint: choose 2 correct answers)

• Get a vehicle history report

• Have a mechanic inspect the car after you buy it

• Skip the test drive; you have time after you buy it to drive

• But a certified, pre-owned car from the dealer

Which of the following is NOT a cost of owning a car?

• License and Registration fees

• Gasoline

• Utilities

• Insurance

Tags

CCSS.7.NS.A.3

CCSS.7.RP.A.3

David has wan income of $15.50 and spends $10 a week at the tuck shop and $3.50 a week on art supplies. Is he within budget?

• Yes

• No

Tags

CCSS.6.NS.B.3

If I had $18.00 and wanted to buy some cupcakes worth $2.50 each. What is the most amount of cupcakes I could buy?

• 6

• 7

• 4

• 8

Tags

CCSS.6.NS.B.3

If I had $23.00 and wanted to buy some ice creams worth $3.50 each. What is the most amount of ice creams I could buy?

• 6

• 9

• 3

• 5

Tags

CCSS.6.NS.B.3

Trying to save to buy a house while you are working only 10 hours a week would not be practical.

• True
• False

If your monthly income from your job is $600, and you want to save $25%, how much would you save each month?

• $125
• $150
• $200
• $250

Mr. N Has a Entertainment Bill of $30 , a Shopping Bill of $90 , a water bill of $40 , an electricity bill of $50 , and a house bill of $ 1,100 . If his Income is $1,200 , how can he balance his budget ?

• No Action Is needed because he has a balanced budget .

• Sell his house and buy a cheaper one

• Spend only $20 on entertainment

• None Of The Above

Tags

CCSS.7.NS.A.3

Your emergency savings fund should have how many months worth of income?

• 1-2 months
• 10 months
• It doesn't matter
• 3-6 months

What percentage is recommended for savings?

• 5%
• 10%
• 20%
• 15%