Common fees that may be charged on savings or checking account include all except:
Dylan is concerned about the safety of the money in his savings account. Which type of depository institution should he choose?
Taxes that are charged on consumption items such as gasoline, hotel rooms and airline tickets are called which kind of taxes?
Dane is researching the topic of property taxes for a presentation he is doing in his Personal Finance class. He has come across the following statements he is considering adding to his presentation. Which should he exclude from his presentation
If expenses were to exceed income on a spending plan, what would be a financially smart solution?
Chase has decided to work with a spending plan so he can build up an emergency fund for when he is in college. He learned in class that he could probably reduce his spending the most by looking at his noncontractual expenses. Which expense is that?
Recently, in a class at school, discussion focused on why depository institutions are safer than her piggy bank. Some student comments were based on fact while others were based on myths. Which about security at a depository institution is not true?
Which statement is true about payroll taxes?
Maggie earns $62,000 per year and has a net worth of $20,000. Samantha earns $96,000 and has a net worth of $15,000. Who is wealthier?
On Andy's Income and Expense Statement where should he record his expenses?
Who is Medicare designed to help?
Samantha wants to be able to use funds in her checking account but finds going to the bank to withdraw cash to be inconvenient. She would like a more effective way to access her checking account funds. What would you suggest she do?
Brett is creating a Statement of Financial Position and needs to list his assets. Which of the following should he not list as an asset?
When is your spending plan complete?
Michael wants to develop a spending plan for himself to use during his final year of high school. What will he need to do as his first step?
Amanda and Marcus just finished their Income and Expense Statement for last month. They discovered that they have a net gain. What does this mean and what should they do?
To increase his net worth, Jackson could:
Jonah is writing down his liabilities to complete his Statement of Financial Position. The item he should include would be:
Erin and her mother are putting together an Income and Expense Statement for Erin to use as she applies for a college scholarship. Which income source does she not need to include for this statement?
Which statement is not true about property taxes?
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