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Make a note on your warm-up lesson when completing any of the modules above to ensure full credit The following modules will count as an EXAM grade Make sure you read the modules slowly and carefully Expense Buying or Leasing a Vehicle Module 16 This is the first of two modules discussing the expense connected with transportation. As we will see, transportation in the United States is primarily related to the automobile, so the bulk of these two modules will focus on the cost of buying or leasing a vehicle and on the operating expenses of that vehicle, once you own it. Module 7 begins with a discussion of mobility in America and the dependence of most people on their vehicle to get around.

Found: 18 Apr 2021 | Rating: 85/100

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It then moves to two of the most common ways of otaining a vehicle - buying it on the installment plan and leasing it. In this module we will learn the following: Why Americans are so dependent on their vehicles The difference between the fixed costs of a vehicle and its variable or operating costs The major differences between buying and leasing a vehicle Calculating the monthly payments for purchasing a vehicle The monthly payments for leasing a vehicle How you can bargain for both a better price for the vehicle and a better financing deal Log-on to your MoneySKILLl. Expense Renting a Home Module 13 Once you are living on your own, you will discover that the cost of housing is likely to be your largest cost, accounting for a third or more of your total expenses. In this module and the next, we will explore some of the costs you can anticipate when you rent a home a house or an apartment and when you buy a home.

Found: 21 Apr 2021 | Rating: 85/100

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This module focuses on renting a home. It begins by exploring the rent versus buy decision, giving first the benefits of home ownership and contrasting them with the benefits of renting a home. It then goes into some of the specific features of renting a home, including signing a lease and costs for utilities, repairs, maintenance and renter's insurance. In this module, you will learn the following: The proportion of total expenses taken up by housing for all people and those under the age of 25 The advantages of home ownership The advantages of renting a home, particularly for younger adults How to understand the lease or rental agreement for a home Expenses of renting, other than the monthly rent payment Log-on to your MoneySKILLl.

Found: 21 Apr 2021 | Rating: 86/100

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