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[Show more]Spending Cycle- 1 
Earn/Spend/Earn 
paycheck to paycheck 
SOLUTION: Must deal with habits 
Divide paycheck into SPECIFIC spending categories 
Capture $$$ for savings 
Pay down debt 
 
 
 
Spending Cycle - 2 
Earn/Spend/Borrow/Spend 
Rely on debt to establish and maintain lifestyle 
Have difficulty d...
Preview 3 out of 29 pages
Add to cartSpending Cycle- 1 
Earn/Spend/Earn 
paycheck to paycheck 
SOLUTION: Must deal with habits 
Divide paycheck into SPECIFIC spending categories 
Capture $$$ for savings 
Pay down debt 
 
 
 
Spending Cycle - 2 
Earn/Spend/Borrow/Spend 
Rely on debt to establish and maintain lifestyle 
Have difficulty d...
Spending Cycle- 1 
Earn/Spend/Earn 
paycheck to paycheck 
SOLUTION: Must deal with habits 
Divide paycheck into SPECIFIC spending categories 
Capture $$$ for savings 
Pay down debt 
 
 
 
Spending Cycle - 2 
Earn/Spend/Borrow/Spend 
Rely on debt to establish and maintain lifestyle 
Have difficulty d...
Preview 3 out of 29 pages
Add to cartSpending Cycle- 1 
Earn/Spend/Earn 
paycheck to paycheck 
SOLUTION: Must deal with habits 
Divide paycheck into SPECIFIC spending categories 
Capture $$$ for savings 
Pay down debt 
 
 
 
Spending Cycle - 2 
Earn/Spend/Borrow/Spend 
Rely on debt to establish and maintain lifestyle 
Have difficulty d...
operating costs 
A tax is defined as a contribution that supports the _____ of a government. 
 
 
 
progressive 
A _____ tax requires a taxpayer to pay more tax as their income increases. (Federal and state income taxes are examples) 
 
 
 
regressive 
A _____ tax charges the same percentage of the ...
Preview 1 out of 3 pages
Add to cartoperating costs 
A tax is defined as a contribution that supports the _____ of a government. 
 
 
 
progressive 
A _____ tax requires a taxpayer to pay more tax as their income increases. (Federal and state income taxes are examples) 
 
 
 
regressive 
A _____ tax charges the same percentage of the ...
Cycle 1 
Earn/Spend/Earn/Spend 
 
 
 
Cycle 2 
Earn/Spend/Borrow/Spend 
 
 
 
Cycle 3 
Earn/Spend/Save 
 
 
 
Cycle 4 
Earn/Save/Spend 
 
 
 
Why is it important for counselors to have an understanding of Hemispheric thinking 
So that they are aware that everyone learns and processes information dif...
Preview 1 out of 3 pages
Add to cartCycle 1 
Earn/Spend/Earn/Spend 
 
 
 
Cycle 2 
Earn/Spend/Borrow/Spend 
 
 
 
Cycle 3 
Earn/Spend/Save 
 
 
 
Cycle 4 
Earn/Save/Spend 
 
 
 
Why is it important for counselors to have an understanding of Hemispheric thinking 
So that they are aware that everyone learns and processes information dif...
Select the statement that correctly describes a progressive tax. 
A progressive tax requires people to pay more as they earn more. 
 
 
 
Pick the statement that best describes a regressive tax. 
A regressive tax charges the same tax rate regardless of the taxpayer's income. 
 
 
 
Why are governme...
Preview 3 out of 23 pages
Add to cartSelect the statement that correctly describes a progressive tax. 
A progressive tax requires people to pay more as they earn more. 
 
 
 
Pick the statement that best describes a regressive tax. 
A regressive tax charges the same tax rate regardless of the taxpayer's income. 
 
 
 
Why are governme...
Whic of the following is NOT a reason why water warms and cools much more slowly than land? 
 
A) Solar energy penetrates more deeply into water. 
B) Water is mobile 
C) A portion of the solar energy that strikes water is used to evaporate it. 
D) More heat is required to raise the temperature of a ...
Preview 2 out of 15 pages
Add to cartWhic of the following is NOT a reason why water warms and cools much more slowly than land? 
 
A) Solar energy penetrates more deeply into water. 
B) Water is mobile 
C) A portion of the solar energy that strikes water is used to evaporate it. 
D) More heat is required to raise the temperature of a ...
Options for increasing _________________ include working overtime, getting a second job, selling something and setting long term goals. 
Income 
 
 
 
Accelerating debt repayment can be done by paying more on principal, rolling up payments of the same amount monthly or paying off __________ ________...
Preview 1 out of 3 pages
Add to cartOptions for increasing _________________ include working overtime, getting a second job, selling something and setting long term goals. 
Income 
 
 
 
Accelerating debt repayment can be done by paying more on principal, rolling up payments of the same amount monthly or paying off __________ ________...
Assets 
Items owned by the credit union that provide benefits to the credit union. Examples - loans, investments, real estate, and accounts receivable. 
 
 
 
Bankruptcy 
A court action declaring a person free of most debt, due to the inability of the person to pay. 
 
 
 
Budget 
A financial plan s...
Preview 2 out of 7 pages
Add to cartAssets 
Items owned by the credit union that provide benefits to the credit union. Examples - loans, investments, real estate, and accounts receivable. 
 
 
 
Bankruptcy 
A court action declaring a person free of most debt, due to the inability of the person to pay. 
 
 
 
Budget 
A financial plan s...
Muscles work by getting shorter - what is this process called? 
Contraction. 
 
 
 
What attaches the muscles to the bones? 
Strong tendons, and so when a muscle contracts, it pulls on the bone, and the bone can move if it is part of a joint. 
 
 
 
What are antagonistic muscles and why are they nee...
Preview 1 out of 1 pages
Add to cartMuscles work by getting shorter - what is this process called? 
Contraction. 
 
 
 
What attaches the muscles to the bones? 
Strong tendons, and so when a muscle contracts, it pulls on the bone, and the bone can move if it is part of a joint. 
 
 
 
What are antagonistic muscles and why are they nee...
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