Unreal Conditonals
When to use unreal conditional?
What is passive voice vs active voice.
Passive: the focus is on what's happening to the "subject"
What is a budget?
A plan for how to spend and save money.
What is the difference between a credit card and a debit card?
A debit card is your own money, and credit card is the bank's money.
If I started investing earlier, I ___ significantly more savings today. (have)
If I started investing earlier, I WOULD HAVE significantly more savings today.
Change this to passive:
She transfers money to her savings.
The money was transferred (by her).
What is an example of a fixed expense and variable expense?
Fixed: rent
Variable: groceries
What is the difference between a loan and a credit card?
Use loans for big purchases like a house or car, and a credit card for a smaller purchases like a TV or furniture.
Complete the sentence:
If they had an emergency fund, ____________.
If they had an emergency fund, they would (base).
Complete: The account ___ every day. (check)
The account IS CHECKED every day.
Describe the “50/30/20 rule” of budgeting.
50% needs
30% wants
20% savings or debt repayment
What is interest?
The % that the bank charges on your credit card balance.
Complete the sentence:
If I were you,_____
If I were you, I would _____.
Which sentence is incorrect?
A) The interest is calculated daily.
B) A transfer was made yesterday.
C) They was charged a fee.
C. They WERE charged a fee.
What is the difference between snowball and avalanche method? What are they?
Snowball: lowest amount debt first
Avalanche: highest interest debt first
What is the definition of consolidation?
You move all your debt into one loan.
Create a complete if/would sentence.
Use base form of the verb when using auxiliary "do/does/did/didn't"
What is the sentence structure for active vs passive?
Passive: OVS
What does a smart consumer do?
They research, compare, go online for different prices, price match, etc.
What is re-amortization? (car loan)