Wise Financial Literacy Set A Study Guide Rated A+

Purchasing power decreased and it costs more money to buy goods when there is {Ans: inflation.}What strategy can help a person achieve her goal to buy a house? {Ans: Following a budget that allows for savings.}In order to get spending under control, a person should first {Ans: create a budget of current income and expenses.}Which of the following is an example of a long-term debt? {Ans: A student loan.}When a person receives a book store gift card, she can use it to {Ans: buy a book from that store.}Which of the following is a source of income for most people aged 20-35? {Ans: Wages/salary.}