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Which statement best describes what a budget is?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
If you have a $1000 balance on your credit card statement, which sentence below is TRUE?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
Which action would REDUCE the amount of money in Kendra's checking account today?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
You want to reduce the amount of loans you'll need to take out for college, so you want to save as much money as you can ahead of time. What's the BEST strategy?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
Why is it important to have an emergency fund?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
Jodi wants to visit her extended family in Barbados next summer, and the flight costs $450. How much does she need to save each month if she wants to buy the flight in exactly 9 months?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
Yao is trying to open a credit card. He finds a Visa with an interest rate of 14.99%. His other option is a Mastercard with an interest rate of 22.99%. Based only on interest rate, which card should he choose?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
Who pays taxes?
You need to make at least the minimum payment each month until the entire debt is paid off.
The Visa, because if he is charged interest for carrying a balance, it will be lower.
When you receive any income, either through gifts, allowance, or working, set a goal of saving at least half before you spend
$50
A plan for how much income you expect to have and how you want to save and spend it
Any individual or company that earns income
Using an ATM to withdraw money using her debit card
The fund is used to pay for unexpected expenses, so that you don't have to go into debt if there's an emergency.
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