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Which of these are financial goals? Select the two correct answers.(1 point)

Responses

saving for college
saving for college

going shopping during sale season
going shopping during sale season

buying a new computer
buying a new computer

getting a credit card
getting a credit card

making a monthly deposit on your savings account

9 answers

saving for college and making a monthly deposit on your savings account
In the 50/30/20 rule, what does 50 represent?(1 point)
Responses

50% of income for wants
50% of income for wants

50% of your income for food
50% of your income for food

50% of income for needs
50% of income for needs

50% of income for savings
50% of income for savings
50% of income for needs
Which of the following is a long-term financial goal?(1 point)
Responses

making the monthly payment on a car
making the monthly payment on a car

paying off a loan
paying off a loan

contributing to a retirement account
contributing to a retirement account

paying rent for an apartment
contributing to a retirement account
Which options are spending needs? Select the two correct answers.(1 point)
Responses

lunch brought from home
lunch brought from home

a movie theater ticket
a movie theater ticket

a notebook for your homework
a notebook for your homework

designer shoes
designer shoes

an ice cream cone
an ice cream cone
lunch brought from home and a notebook for your homework
Which of these expenses is a spending want?(1 point)
Responses

a winter coat
a winter coat

shoes
shoes

housing
housing

a new video game
a new video game