BEAR
The A in SMART goals refers to making goals that are
What is attainable
A mortgage payment is an example of a ________
What is fixed expense
Money earned from the sale of investments is known as
What is Portfolio Income
Allen’s dad insists on taking the family to Restaurant A, despite having coupons to Restaurant B. Which best explains his decision?
What is personal preference
Products that have high quality and a low price are considered to ________________.
What is be a better value
Which of the following is not usually considered a need?
What is Clothing
Shoes are usually considered a need.
What is False
Which of the following is considered passive income?
What is rent received from a rental company
Zara goes to the mall with her friends, who all buy new shoes. Zara hadn’t planned to buy new shoes that today, butshebought shoes just like her friends. This is an example of
What is peer pressure
You can usually save money by purchasing items in bulk.
What is True
Which of the following is not usually considered a want?
What is Rent
Anita’s power bill was $75 in September and $88 in October. A power bill is an example of a…
What is Variable Expense
Which of the following is not a common way for teens to earn income?
What is Passive Income
Store brands are often made in the same factory as name brands.
What is True
Dawn has a retirement account. Which of the following best describes this account?
What is asset
The first step to financial success is creating and sticking to a budget.
What is True
Money earned regularly with little or no effort is known as
What is Passive Income
Which of the following considered as portfolio income?
What is profit from selling your house
Generally speaking the ___________ quality, the ___________ the price.
What is Higher; Higher
Your ____ ____ is your assets minus your liabilities.
What is Net Worth
Heidi’s car recently broke down. The repair cost her $725. The money Heidi paid to repair her car would be considered a…
What is periodic expense
Money earned from working is
What is Earned Income
Advertising and promoting a product or service is an example of _____.
What is marketing
You and a friend go to eat at a sit-down style restaurant. At the end of the meal, your server presents you the bill for $15.00. What is an appropriate tip for your server?
What is 15% ($2.25)
Which of the following is NOT a liability?