Start a Savings account
Shop for office clothes
Set aside money for your dream vacation
Build up an emergency Fund account
10%-15% of your monthly income
20%-30% of your yearly income
The balance after paying off your bills
A percentage based on how many departments you have
A burden to my finances.
Not really important.
A necessity to my family and I.
Compulsory because the government says so
Matt will pay less because people who travel overseas are less of a risk
They will both pay the same because they have almost identical financial background
Eric will pay less because the car is collateral for the loan
They will both pay the same beacuase the rate is set by the law
A little more; about 20% more.
A lot more; about 70% more.
About ten times as much.
No more, you make the same either way.
To consistently pay part of the amount owed every month
To not pay every month but pay lump sum using my bonus at the end of the year
To pay the full amount owed for that month
To take up a personal bank loan to pay the credit card debt in full
More than $102
Less than $102
Vera, who always pays off her credit card bill in full shortly after she receives it.
Jessica, who only pays the minimum amount each month.
Megan, who pays at least the minimum amount each month, and more if she has the money
Erin, who generally pays off her credit card in full but, occasionally, will pay the minimum when she is short of cash.
Your bad loan payment record with one bank will not be considered if you apply to another bank for a loan.
If you missed a payment more than 2 years ago, it cannot be considered in a loan decision.
Banks and other lenders share credit history of their borrowers with each other and are likely to know of any loan payments that you have missed.
People have so many loans it is very unlikely that one bank will know your history with another bank.
A 25-year corporate bond
A house financed with a fixed-rate mortgage
A 10-year bond issued by a corporation
A certificate of deposit at a bank
When some clothes you like go on sale.
When the interest on the loan is greater than the interest you get on your savings.
When you want to go on a week vacation.
When you need to buy a car to get a much better paying job.
A bank savings acccount
Locked in her closet
If his parents took out an additional mortgage on their house for the loan.
If the loan was insured by the Federal Government.
If he went to a state college rather than a private college.
If his parents cosigned the loan.
Sales tax may be charged on the interest that you earn.
You cannot earn interest until you pass your 18th birthday.
Earnings from savings account interest may not be taxed.
Income tax may be charged on the interest if your income is high enough.
You don't have to pay the tax if your income is very low.
It makes things more expensive for you to buy.
The national sales tax percentage rate is 6%.
The federal government will deduct it from your paycheck.
All credit records are the property of the U.S. Government and access is only available to the FBI and Lenders.
You can only check your record for free if you are turned down for credit based on a credit report.
Your credit record can be checked once a year for free.
You cannot see your credit record.
Federal income tax, social security, and Medicare contributions
Federal income tax, sales tax, and social security contributions
Social security and Medicare contributions
Federal income tax, property tax, and Medicare / social security contributions
Invested in a down payment on the house
You can get cash anywhere in the world with no fee.
You must have a bank account to have an ATM Card.
You can generally get cash 24 hours a day.
You can generally obtain information concerning your bank balance at an ATM machine.
Stay the same as when she was in college.
Be lower than when she was in college.
Double, at least, from when she was in college.
Go up a little from when she was in college.