Living On Your Own - Basic Skills

People who rent property.

• Landlord
• Home Owner
• Banker
• Tenant

Putting money into your bank account.

• Checking account 
• Savings account
• Withdrawal
• Deposit

A set amount of money earned by an employee per year (e.g., $75,000.00)

• Salary
• Net Pay
• Net Worth
• Net Income

An amount of money (e.g., $100.00) taken out of an account.

• Withdrawal
• Deposit
• Overdraft
• Debit Card

A card that lets you buy goods and services based on the promise to pay later and charges monthly interest if the balance is not paid in full.

• Balance Sheet
• Debit Card
• Credit Card
• Deposit

Rent is commonly paid monthly.

• True

• False

A lease is designed to protect the rights of both the landlord and: 

• the lessor
  
• the tenant
  
• a roommate 
• the property manager

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

You are renting an apartment. The faucet in your shower leaks. Who is responsible for fixing it? 

• you are responsible because you signed a lease 
• your roommate is responsible
  
• your landlord is responsible
  
• both you and your landlord are responsible

The money a landlord holds to cover possible damage in an apartment is called a: 

• cleaning deposit 
• damage deposit 
• telephone deposit 
• utilities deposit 

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

What is income?

• Money spent
• Money earned
• Money saved
• Money invested