personal finance final

income

Any money you receive such as an allowance or paycheck

a belief or idea you consider important or desirable

A value can be described as

6 months after graduation

If you have taken out federal student loans to cover the cost of college, when will your first loan payment be due?

$225

In eight months, Kelly's parents will need to make the final payment for Kelly's braces. Half of the total cost was paid when her braces were put on. The total cost is $3600. How much will Kelly's parents need to save each month to pay off the balance owed?

$577.50

Landon has worked 35 hours each of the past two weeks. If he earns $8.25 an hour and is paid every two weeks, what is his gross pay for the last two-week pay period?

$50

Lisa will buy two new car tires three months from now before taking a long trip. Each tire costs $75. How much will Lisa need to save each month to reach her goal?

8 months

Marcus set a goal to buy a used car in the next few months. He plans to make a $2,500 down payment and has already saved $1,300. If he can save $150 each month for this goal to buy a car, how long will it take him to save the entire $2,500?

dental assistant

Of the following types of jobs which would be the best option to support the hobby of Alison, who performs in a band for area festivals, dances, and receptions?

medium-term goal

Shawna wants to buy her grandmother's car to drive back and forth to college next year. Her grandmother agrees to sell Shawna the car for $1,200 within the next year. This is an example of what type of goal?

Your income

The first factor you need to determine when preparing a budget is

Reduced income by cutting back on work hours to have time to attend classes at the local community college.

Which is an example of an opportunity cost related to earning potential?

What job you choose

Which of the following is a major factor in helping you achieve your financial goals?