Understanding Living Expenses

What is the average monthly rent in Raeford, NC?

• $500

• $1,000

• $2,000

• $3,000

What is a utility deposit?

• Monthly payment

• One-time fee paid before service starts

• A loan from the bank

• A discount on bills

Which is an example of an unpredictable expense?

• Rent

• Groceries

• Car Repair

• Utilities

Why might someone choose a roommate?

• To increase expenses

• To split costs and save money

• To avoid paying rent

• To get free food

About how much does one person spend monthly on groceries in Raeford?

• $100

• $300

• $900

• $600

What is the average monthly cost of gas and car insurance combined?

• $50

• $100

• $250

• $500

Which of the following is a fixed expense?

• Rent

• Gasoline

• Groceries

• Entertainment

Which community group might help with food expenses?

• Movie theater

• Food bank

• Clothing store

• Gym

If you earn $1,500/month and spend $1,400 on expenses, how much is left?

• $100

• $200

• $300

• $1400

What should you do if an unexpected $200 bill appears?

• Ignore it

• Adjust your budget

• Ask your landlord to pay

• Spend more on entertainment