19. John just graduated college with a degree in business. He has gotten a job with the new construction company in town selling
products for them. He will be making $45,000 per year. John wants a new car, so he isexcited about looking for one. He also hopes to have a family one day and buy a house instead of rent an apartment with his
roommate.Which is the first step John should take to meet his goals of buying a car and house?
A. He should start by renting his own
apartment without a roommate.
B. He should create a budget and start saving for a new car and house.
C. He should apply for a loan to see how much he can afford for a house or car.
D. He should go look for a car first because
that would be a smaller investment.
Answer: B. He should create a budget and start saving for a new car and house.
Explanation: In other to make his goals of buying a car and a house attainable, the first step John should take is to create a budget and start saving towards his goals. Once John has gotten a job that pays a known monthly, he can then draft a budget of how he intends to spend his monthly earning on his regular needs and how much he will set aside as saving towards his goal of buying a car and a house. This will enable him keep track of his spending while also ensuring that he keeps a portion of his earning.
A person must be a natural born citizen of the United States, must be at or over the age of 35, and must attend at least 14 years of residency in the U.S.
While George takes the bus home, he is thinking about how to resolve a difficult issue at work. This is an example of the mind working to solve a problem.
