Civics 4 Flashcards
1
Q
What are two disadvantages of using a credit card
A
1 potential dept
2 IRS
2
Q
Three cost to consider when buying a car
A
gas
insurance
interest rates
3
Q
earnings that are paid monthly
A
salary
4
Q
earnings that are paid weekly
A
wages
5
Q
Where do most of peoples money go
A
housing
6
Q
tax deferred investment
A
401k
7
Q
offerred by states and local government
A
Municipal bonds
8
Q
p
A
principal
9
Q
Income earned from the use of money
A
interest rent dividends
10
Q
income earned from the use of property
A
rent
11
Q
on a balance sheet
A
personal property
12
Q
cash flow that changes from month to month
A
variable expense
13
Q
budget expense like rent
A
Fixed expenses
14
Q
high risk
A
stock
15
Q
safe
A
saving account
