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EverFi New Module 2 2023 - Smart Shopper/12 questions and answers $2.99   Add to cart

Exam (elaborations)

EverFi New Module 2 2023 - Smart Shopper/12 questions and answers

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EverFi New Module 2 2023 - Smart Shopper/12 questions and answers

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  • April 6, 2023
  • 2
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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EverFi New Module 2 2023 - Smart
Shopper/12 questions and answers
Discretionary expense - -spending that you have complete
control over because it is not necessary spending

-Emergency Savings - -an account used to put away funds to be
used in an emergency

-Expenses - -the money you're spending. This includes
everything you buy, such as food, concert tickets, or even a pack
of gum.

-Fixed expenses - -an expense that occurs regularly. This
amount typically does not change from month-to-month

-Income tax - -tax on the amount of money you earn that is paid
to the federal or state government

-Income - -money you earn, like money you may get from your
birthday or allowance from you parents

-Need - -when referring to budgeting, a need is an expense that
you can't live without

-Sales tax - -the tax you pay to the state or local government
when purchasing an item. Sales tax differs by state and not all
states have a sales tax.

-Unit price - -: the cost for one unit of an item

-Variable expense - -spending that is based on the purchase
decisions you make. These can vary from month to month

-Want - -when referring to
budgeting, a want is
an expense that you
would like to have and is not an absolute necessity

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