Mortgage
How much do you need to save for a standard house deposit in a percentage.
20 %
If you save $100 dollars for 52 weeks how much will you have saved towards a car?
$5200
If you get a phone for $30 a month over 36 months how much will the phone end up costing you?
$1080
It is cheaper to shop at local IGA stores or Coles
Coles
You can save money in interest if you increase your loan time. T or F
False they would increase.
Should you take out comprehensive or third party insurance if you want it to cover your car being repaired in an accident.
Comprehensive
If you lose your phone do you still need to pay off the plan?
Yes
It is cheaper to shop at ooutdoor markets or at supermarkets?
Outdoor markets
You can change the amount of repayments if you are on a variable loan. True or False
True
If you buy a car cash you will end up paying more or less than if you get a car loan?
How can you protect yourself if you have a phone plan over 12, 24 or 36 months from losing or damaging your phone?
How much should you need for a normal food budget for one person in Perth today for 5 days.
Approximately $100-150.
There is still a minimum payment on a loan if you are variable. T or F
T
Do you need to be truthful when you take out insurance. Y or N and explain why.
Y
How much does phone insurance usually cost?
$10 a month
How much do you need to budget for weekday food per year for one person?
$6000 approx
If you buy an old house with land you can redevelop it and make more money than buying an apartment. T or F and explain your answer.
True
If you are in an accident and it is not your fault who need to pay for the damage by using their insurance? Explain.
It should be the person who caused the accident. You may still need to use your comprehensive if the person does not have insurance!
Did Mikayla, Aleksia and Ms Grant buy flip phones?
Sure did!
Can you save money buy using store cards like Woolworths rewards and Flybuys.
Yes!