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Where shall they live? Flashcards | StudBud
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Where shall they live?
Where shall they live?
12 terms
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StudBud Administration
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12 plays
Financial Literacy project
Flashcards
12 cards
F
Practice quiz
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Host live
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Questions
12
Answers
1
How much have they saved?
3,000
2,000
1,000
4,000
2
About where are their credit scores?
Fair (650)
Excellent (750)
OK (500)
Poor (300)
3
With which type of housing has a shorter expectation of your stay?
Home ownership
Renting
4
What is the relationship between Taylor and Drew?
Best friends
Married
Dating
Sisters
5
What are their wants in a location?
Low noise, pet-friendly, large yard
Food variety, local businesses, near a gym
Close to entertainment, food options nearby, able to enjoy city life
Close to work, good healthcare, good education
6
If a down payment on a home is supposed to be 20% of its cost, would Taylor and Drew have enough?
Yes
No
7
Taylor & Drew make the same amount of money
False
True
8
In which location would they meet more of their wants?
Rural farm
Suburban neighborhood
Dowtown apartment
House just outside city
9
In which type of housing are you responsible for surprise repairs, costs, etc?
Home ownership
Renting
10
What are Taylor and Drew worried about?
Unsafe area
Pest infestation, expensive maintenance
High utility costs
Surprise repairs, hidden fees
11
Where & how should Taylor and Drew opt to live?
Rent a trendy apartment downtown
Buy a small fixer-upper together just outside the city
12
How long are Taylor and Drew going to stay in Austin?
2-3 years
A few months
5 years
Forever