Quiz on Balancing a Checkbook and writing a check

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Quiz on Balancing a Checkbook and writing a check

Fixed Expense vs. Variable Expense an expense that stays the same each month Variable Expense an expense that might change each month - Utilities (heat, air, water) - Car (maintenance, gas) - Groceries - Clothing - Entertainment - Gifts / Presents - Medical bills (check up, physical, prescription) Mortgage (house payment/ rent) Car payment & insurance Cable, Cell Phone, Internet*

Established Expenses Based on your life situation card Health and Life Insurance Medical and Dental Insurance

01/24/17 Total 01/24/17 Total Put total here New Balance New Balance Paycheck Total New Balance 01/24/17 Health/Life/Medical/ Dental Insurance Total New Balance Put total here

What do you know about a loan? What do you know about mortgage?

****Check your minimum and maximum on your budget guidelines**** Finding a home What is a loan? sum of money that is borrowed and is expected to be paid back with interest Mortgage A loan to finance the purchase of your home ****Check your minimum and maximum on your budget guidelines****

1028 Mortgage or Rent (Landlord) Monthly Payment

NMI 01/24 Total 01/24 1028 Mortgage Total Actual Spent New Balance Health/Life/Medical/ Dental Insurance Total New Balance 01/24 1028 Mortgage Total New Balance Actual Spent