Want/need
Medication
Need
Give two examples of a fixed expense.
Some answers might include rent, mortgage, cell phone, internet, Netflix, car insurance, car loan, unlimited metrocard...
True or false: Your expenses should be higher than your income.
False
Clothes
Want or Need
Give two examples of a variable expense.
food, entertainment, medical expenses, electricity, personal care items, gifts...
How often do people get paid in most jobs?
Two times per month
Going out to eat
Want
Rent: $1,000.00
Utilities: $148.29
Food: $318.32
Entertainment: $74.58
$1,541.19
How many hours of work per week is considered full-time?
40 hours
Going to a concert
Want
How much more were expenses in August than September?
August: $1,876.39
September: $1,675.90
$200.49
Jake's income is $2,109.80. His expenses are $1,976.30. How much does Jake have leftover for savings?
$133.50
Shampoo and body wash
Need
Alison splits rent, food, and utilities with her roommate. How much do they each owe this month?
Rent: $2,200
Food: $584.90
Utilities: $253.60
$1,519.25
Gabriella takes home $1,423.50 per paycheck. She gets paid twice a month. How much does Gabriella make per month?
$2,847.00