DISCUSSION CHAPTER 5. 1 Why is a debit card like using cash? (121)

Slides:



Advertisements
Similar presentations
Building, Leading and Protecting Your Real Estate Business
Advertisements

Accounting and finance Managing cash flow problems.
Credit Buy Now, Pay Later. Credit Someone is willing to loan you money (principal) in exchange for your promise to pay it back, usually with interest.
Using Credit Chapter 25, pgs
1 The Real Estate Market Chapter 19 Florida Real Estate Principles, Practices & Law Copyright 2013 Kaplan, Inc.
Chapter 23.1 Use your Money Wisely
Credit and Its Use.
© 2010 All Rights Reserved - Scot Kenkel / Success Learning Institute Rick Smenner, Agent RE/MAX Preferred Properties, Inc.
Housing MortgageVocab Advantages True or False.
Economics.  Credit is the provision of resources (usually money) by a creditor/lender to a debtor/borrower.  The borrower does not reimburse the lender.
B UYING A HOME. R ENT OR B UY Why do you think being a lifelong renter is not a good idea? Are there some instances that renting is better than buying.
CALCULATING THE COST OF TOTAL CREDIT Personal Finance.
MBF3C Lesson #9: Obtaining & Operating a Vehicle
Introduction to Business and Marketing Chapter 32.1.
© OnCourse Learning Chapter 8 : Real Estate Sales Contracts.
Budgeting and Financial Planning. Budgets Budget: A plan for how a person, family, or organization will raise and spend money. Why do you think it is.
Smart Spending: Credit and Budgeting Glow Foundation 2010.
Pre – Assessment Borrowing Basics.
Buying A Home 50 Lessons Over Easy 1. FINANCIAL & LEGAL MATTERS TO SETTLE WHEN BUYING A HOME 2.
Using Credit. Terms to know Credit Creditor Revolving Charge Account Installment Account Vehicle leasing Cash loan Collateral Cosigner Home equity loan.
Debt Management. Budgeting 101 The first step is to know how much money is coming in so you know how much money you can spend.
STUDENT CREATED REVIEW MANAGING MONEY. SPENDING STYLES Present-Oriented Future-Oriented Buying things now instead of waiting Don’t plan and save as much.
Housing Chapter 7 Read Page 130. Roommates - Discuss Living Arrangements  Discuss responsibilities and living habits  Put everything in writing  Look.
Transaction FEA: 3 rd course Dadoboeva F.. Transaction is:  1. An agreement between a buyer and a seller to exchange goods, services or financial instruments.
Chapter 16 Part I. Laws of Ownership There are laws from different sources to protect buyers and sellers Vehicles are considered “goods” The “Uniform.
Chapter 8 The Housing Decision
Chapter 23 Review Adv. Math. Find the % of the number. 75% of 120.
Real Estate Broker? -Brandon Sacia. What is Real Estate Broker? A real estate broker or real estate agent is a person who acts as an intermediary between.
Rent vs. Buy The Finances of Housing and Real Estate.
Charge It Right. 2 You Will Know  The characteristics of a credit card  The costs of using a credit card  The potential problems with credit card use.
Chapter 22: Buying a Home.
Housing Options Chapter 13, Types of housing…
Unit 9: Financial, Economic, and Business Technology Competency 3: Select strategies to use in handling credit and managing debt.
UNDERSTANDING BANKING
Phase 2 Exam Review 35 M/C, 35 T/F Questions Chapters Personal Financial Planning FIN 235.
Chapter 32 Real Estate. Home Ownership Types of Homes.
How to Buy Something By: Katie Adler. What to Buy  Decide what you would like to buy, then head to the store!
Chapter 9: The Housing Expenditure. Objectives Discuss the options available for rented and owned housing and whether renters or owners pay more for housing.
Credit Cards. Questions we will answer… What is credit? What does it cost to use credit? What are the advantages of using credit? Where can you get credit?
CREDIT. QUESTIONS WE WILL ANSWER… What is credit? What does it cost to use credit? What are the advantages of using credit? Where can you get credit?
Chapter 9 Continued Understanding Fixed vs. Variable Costs.
What does this mean to you?. FCS 7 TH GRADE Money Management.
Leasing Chapter 26. Lease terms Lease Lessee Part taking the lease Lessor The owner that is giving the lease.
Chapter 3- Budgeting.
Compound Interest Home Buying Project College Prep Math Project Example.
Checking Savings BANKING. Checking Account 90% of transactions involving money are made through some form of debit.
Agribusiness. What is agribusiness? Sector of the industry that combines agricultural production and business decisions. Important to farmers because.
Credit and Credit Cards Good Credit Bad Credit No Credit Good Credit Bad Credit No Credit.
Project On Lease Financing.  A lease is a rental agreement that extends for one year or longer.  The owner of the asset (the lessor) grants exclusive.
19-4. Selecting a house  Real estate- Land and anything attached to it.  Mobile home Cheaper than buying a house Usually in a park with other mobile.
Establishing Credit Presented By:. Credit is more than a plastic card you use to buy things --- it is your financial trustworthiness. What is credit?
Finance for.... Fixed assets 1.Retained profit 2.Share capital 3.Bank loan 4.Hire purchase 5.Leasing Working Capital [to help cash flow] 1.Trade credit.
What are the “Prohibited Transaction” Rules within the Strategic Affluence 401k? This material is copyright © 2013 by SSEN LLC and is used under license.
Renting Vs. Buying a Home. Scenario A renter starts out paying $800 per month with annual increases of 5%. A homeowner purchases a home for $110,000 and.
Millennials are biggest part of Labor Force. Interest Rates Loans for Houses, Cars & College.
 A holding place for money at a bank.  The amount available to spend in an account.
 A way to “ensure” that you are protected from financial loss  When something bad happens, your insurance will cover some/all of the damage (sometimes)
Credit. What is Credit? When you borrow money to purchase something and promise to pay the money back later, you are using credit.
Mortgages. A mortgage is a loan that is secured by property. Mortgages are large loans, and the money is generally borrowed over a large amount of time.
Financial Literacy Unit Review. What is the formula for calculating interest? Interest = Principal X Rate X Time (I = P x R x T)
© South-Western Educational Publishing Buying a Home.
Chapter 9: The Housing Expenditure. Objectives Discuss the options available for rented and owned housing and whether renters or owners pay more for housing.
Section 7.1 Housing Options.  Your lifestyle will determine several housing decisions:  Lifestyle is how you choose to spend your time and money.
Chapter 16 Credit in America. What is Credit?  Money borrowed to buy something now, with the agreement to pay for it later  Over 80% of all purchases.
Chapter 7 Selecting and Financing Housing McGraw-Hill/Irwin
House Buying Vocabulary
The Journal and Source Documents
Money Management Chapter 16
The Journal and Source Documents
Debt Consumer Math.
Presentation transcript:

DISCUSSION CHAPTER 5

1 Why is a debit card like using cash? (121)

2 When you move out of your parents house into your own home, what costs do you expect? (122)

3 What are the advantages of having a shorter term loan on a house? (123)

4 What are some differences between apartment living and house living? (125)

5 What are something's you can expect to be on a lease agreement? Do you think it is different between a college town and a regular town? (128)

6 Why do you think so many people are involved in the home buying process? (135)

7 What are some options you have when deciding to purchase a house? (137)

8 When you tour a home for sale how do you expect it to look? What are something's you may look for? (138)

9 What are some differences between selling your house with an agent and FSBO?

10 What is the difference between a fixed and variable interest rate?

11 What happens if you foreclose on a house or claim bankruptcy?

12 What is the first thing you need to do before going to look for a house to buy?

13 After you purchase a home, how many years should you stay in that home? (147)