Budgeting
Flashcard
•
Life Skills
•
9th - 12th Grade
•
Medium
Jeanette Mackesy
Used 1+ times
FREE Resource
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20 questions
Show all answers
1.
FLASHCARD QUESTION
Front
How do wages and salary differ?
Back
Salary describes what you earn on an annual basis
2.
FLASHCARD QUESTION
Front
What is TRUE about gross income and net income?
Back
Gross income is the total amount earned BEFORE deductions
3.
FLASHCARD QUESTION
Front
Which of the following may NOT always appear on your paycheck stub?
- Gross Pay
- Net Pay
- Your Role/Title
- Local Tax
Back
Your Role/Title
4.
FLASHCARD QUESTION
Front
Which expense is NOT common before signing a lease?
- Renter's Insurance
- Application fee
- Application deposit
- Apartment hunting expenses
Back
Renter's Insurance
5.
FLASHCARD QUESTION
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
6.
FLASHCARD QUESTION
Front
According to a rule of thumb, rent shouldn't take up more than ___ % of your take-home pay.
Back
25-30%
7.
FLASHCARD QUESTION
Front
What is a step you can take to mitigate the risk of buying a used car?
Back
Get a vehicle history report
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