Review 1
List 3 services that taxes fund
military, roads, maintenance, schools, Medicare, social security, etc
what is the difference between budgeting and paying bills
budgeting tracks where your spending your money vs. paying bills which is about being on time and making sure you have enough money
describe the difference between debit and credit
debit takes your money now while credit takes your money later
how much time do you study when using the Pomodoro method
25 minute increments
list 2 things that people use loans for
school, auto, home, business start up, etc
What is a surplus, especially, in the context of a budget
When you have left over money for the month that you haven't spent
a credit card score determine your ____ with money and how likely you are to pay it back
responsibility
what is a 401 (k)
a type of investment account meant to help you save money for retirement
_____ credit is the same as ____ credit
bad, good
fixed- something that never changes
fliexible- changes as the months progress
what do you need good credit for?
why are fats important for your body
needed for growth and development
cash advances are designed to trap you in a cycle of ____
debt
what % of money is saved by comparison shoppping
50%
generally are two things that you see when a person takes good notes
color, phrases, paraphrase, structure, order, symbols
name 2 factors effect food availability
politics, trade, environmental conditions, economics, conflict
list 2 types of taxes
name a reasonable thing to do with money saved from comparison shopping
rainy day account, invest, spend on something fun
name 2 of the 3 take taking strategies covered in class
outline, Cornell, and mind mapping
what are 2 things you should take into account when menu planning
time, occasion, cost, and nutrition