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Tuesday, December 3, 2024    		 
Household Math™: How Much Spending
by Scott Bilker
Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
 
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Test your knowledge by trying to solve this DebtSmart, Household Math™ problem! After you complete the problem, you’ll get the solution and explanation.
 
1. Jackie wanted to figure out how much money she actually spent in this current month. She looked at all the checks she wrote and her credit card spending. Jackie noted that she hadn’t used her credit card for purchases, however, she did write checks for: (1) $50 for cable TV; (2) $125 for groceries; (3) electric bill for $200; and (4) a minimum payment on her credit card of $80. How much did Jackie spend this month?
$50.00
$175.00
$375.00
$455.00
I don't know!



 

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