Case Study

What is the first step in the decision-making process?

Daniel wants to buy a laptop computer, and he has $300 in savings. He can purchase a new computer for $279 or a refurbished [repaired or renovated] computer for $100. What should Daniel do next?

What is an advantage of renting a place to live?

When revising a budget, it is important to make choices that allow you to continue ____ money.

Some major considerations when deciding on housing are needs and

A good rule is to spend no more than 25-30% of your income on housing.

What is a main disadvantage of leasing a vehicle compared to buying a vehicle?

When making a decision about housing, the first step should be

Marlene has decided to save $3,500 so that she can attend the nearby community college. Which step in the decision process should Marlene take?

Simon bought a computer and made monthly payments. By the end of the month, Simon had no money left for groceries. Which step in the decision-making process would most benefit Simon?

When planning a budget, the biggest consideration should be the

Which fixed expense would be most difficult to change if money is needed for car payments?

Which is the most important consideration when deciding to purchase or lease a vehicle?

Which of these would require a significant but temporary budget revision?

What is an appropriate budgeting question?