Income
Planning for Expenses
Financial Goals
Random
100

Yvette earns a $45,000 salary plus a 12% commission on any sales over $10,000. Last year Yvette made $30,000 in sales. How much did Yvette earn in salary plus commission?

47,400

100

Luis created a spreadsheet of his expenses for three months. Which of Luis’s expenses are variable expenses? 

rent

utility bill

car loan payment

insurance payment

groceries

clothing

fuel

utility, clothing, fuel, groceries

100


Which financial goal is specific, measurable, and timely?

a) Open a 529 college savings plan.
b) Contribute to a 401(k) retirement plan.
c) Purchase $10 of company stock every quarter for two years.
d) Reduce credit card debt by 14%.
e) Purchase bonds at a local credit union.


c) Purchase $10 of company stock every quarter for two years.
100

What is Luke's favorite sport?

a) Baseball

b) Basketball

c) Soccer

d) Swimming

c) Soccer
200


Esther works for a marketing company. She earns $12 per hour, and she gets a $50 travel allowance every month. Which linear equation could be used to find her monthly pay rate?

y = 50x + 12
y = 12x + 50
y = 12x
y = 50x


y = 12x + 50
200


Mason found out that his recent credit card application was denied. When Mason reviewed his credit report, he found two overdue accounts that he hadn’t opened himself. As a victim of identity theft, which consequence could Mason face?

a) community service
b) jail
c) job loss
d) lowered credit score
e) repossession of his car


d) lowered credit score

200

Make a Specific Financial Goal

Goal needs to have specific number associated with it ex: save 1000 dollars a month for 1 year

200

How many class periods are there in a normal school day?

8

300

José works 30 hours each week. At the end of 6 months (26 weeks), he has made $31,200. How much does José make per hour?

$40

300


Which two expenses are considered variable, nondiscretionary expenses?

  • car loan payment
  • fuel cost
  • groceries
  • gym membership fee
  • insurance premium
  • vacation cost


fuel cost and groceries

300

What is the division property of equality

If you divide one side of the equation by a number you have to divide the other side by the same number

300

What speech is handwriten on the whiteboard at the back of the classroom?

Gettysburg Address

400

Kenise is looking for a job that has benefits. She’d like to work in one place and be paid a fixed amount every paycheck. 

Kenise is looking for a ______ Job

She would like to be paid _______

Full time Job

Salary

400

Alexandra keeps a record of her fixed and total expenses each month. Last month, she spent a little more than usual on variable expenses.
fixed expenses: $1,832.76
total expenses: $4,295.82

Which equation represents Alexandria’s variable expenses for last month?

v = $4,295.82 − $1,832.76


400

Which axis is the time (days, month, year) displayed on a graph? for this class

x-axis

400

What country most recently won the world cup?

Spain

500

Name TWO benefits that you can get from a job.

Insurance

PTO

Stock Options

Retirement plans 

500


Which action can you take to determine whether your identity has been stolen?

a) Call the credit card company’s customer service department to update your contact information.
b) Change your online bank account password so it can’t be easily guessed.
c) Keep all financial records, Social Security cards, and ID cards in a safe place.
d) Review your credit report to make sure there are no unauthorized open accounts.
e) Shred papers that contain any personal or medical information.


d) Review your credit report to make sure there are no unauthorized open accounts.
500

What is the subtraction property of equality

If you subtract a number from one side of the equation you have to subtract the same number from the other side

500

What is the name of the fictional kingdom in Frozen?

Arendelle