Budgeting Answers

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What are the most important questions you must ask when considering whether to buy or lease a car? Check all that apply.How much can I afford to spend each month?What are the advantages and disadvantages of buying and leasing?Which style of car is the most appealing to me?How much of my savings will I have to use if I lease or buy?How much should I budget for gas, insurance, and repairs?Which dealership is closest to my neighborhood?

A
How much can I afford to spend each month?
B
What are the advantages and disadvantages of buying and leasing?
C
Which style of car is the most appealing to me?
D
How much of my savings will I have to use if I lease or buy?
E
How much should I budget for gas, insurance, and repairs?
F
Which dealership is closest to my neighborhood?
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X $350✔ $450$550 $650

A
X $350
B
✔ $450
C
$550
D
$650
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Remember, your net income is $1,850 each month.

Answers:
Selection 1:$550
Selection 2:$450

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