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Stack #4619800

QuestionAnswer
Which BEST describes income? Income is limited and received from work
Which is an example of income earned by someone trading their labor for monetary compensation? wages from a part-time job
For which individual would developing and maintaining a budget be MOST important? James earns a high income but has a lot of debt and spends more than he earns each month.
Diamond Jones is preparing a personal budget to help manage her income. What must Diamond balance when preparing a budget? Spending and Saving
Which BEST describes saving ? Setting aside money for future use
Which situation would saving money be MOST important ? Bryson wants to buy a new computer without going into debt
How does saving money help people avoid debt? By helping them cover unforeseen expenses
Who would likely be MOST prepared to pay for an unexpected, necessary medical procedure? a person who saves a large portion of his or monthly income
Which of the following BEST describes the cost of using credit for purchases? The user must pay the balance of the purchase and the interest on the credit card.
Which is a benefit of using a credit card? It allows one to establish a credit history
Created by: tlopezbrown
 

 



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