GMI/NMI
The acronym GMI stands for what
what is the gross monthly income
What is 1 item that is sales tax
What is the advantage for the credit card
1. Buy now pay later
2. Annual fees may apply
buy now pay later
If somethign cost 1$ and you have 1.50$ how much money will you get back
If a college degree cost 1200$ and you make 200 dollars a month how much will you have to save up in a year to get it
100
What does nmi mean
net monthly income
What is an income tax?
it is. A tax on earnings
do you have to pay now when you use a debit card yes or no?
yes
Is it smart to budget yes or no?
yes
What is a property tax
it is based on a property’s value.
If the account is stolen can you withdraw money?
yes you can
what percent of the money you make you should put in savings
10%
Name all property tax
privet schools
public schools
Streets and street lights
police, jail, courts
hostpitals
White House’s
If the 500 is the liability if the card is reported missing
how many business days would it be after you loss it?
2
Once’s savings have been subtracted and both fixed and variable expense what are you left with
discretionary income
What percent is the sample apr penalty
28.99%
What’s the first thing you should do after putting things in your savings
fuxed expenses