unit 1 economics test
- October 11, 2021
Let’s start with the first test, which is to figure out how much money you make. Most people say that a good way to figure out how much you make is by dividing your monthly income by the number of days in the month. This works because people usually make money on average every day, so if you see that your income is equal to or greater than your day rate, you can assume that you made more than that number of days.
There are a few problems with this. The first is that it will almost always be a bad assumption to use as a base. People can make $40K a month on a single day, and if that day is the second day of the month, you’ll get $30K. For months where it’s more like $14K, you’ll make about $7K on a single day.
Unit 1 economics is a great tool for people who want to track their income. In fact, it’s one of the best ways to track how much you make in a day. Just take the average of your day rate, subtract your day rate from your month rate, divide by 12, and you’ll get your average income. That is, if you make $150 a day, you should make $150 a month.
Yes, it’s a little weird, but basically this formula works for a lot of people. Most people who make $1500 a month or more are doing okay. The people who make maybe $250 a month are probably making less than half of what they should be, but if you just take the average, you should be making around $350 a month. It’s a bit more complicated than that though. Take your day rate, subtract it from your month rate, and then divide by 12.
If I were to ask you about your average amount of income, would you give me the same number? I’m not sure. And, frankly, I don’t really know. I’ve never heard of people making that figure.
In the world of finance, its generally accepted that we spend more than we make, and that spending is what makes money. However, we don’t generally spend less than we make because the amount we use to buy a new car or a new house is less than what we spent for. However, if we use the exact same amount as we spent for buying a new car, we’re still spending less than we should be.
In other words, we dont spend less because we have more. We spend because we have less. We spend because the cost of a new car is less. We spend because we have less money.
The fact is, we are the ones who spend more than we make. In other words, we make more when we spend more. This is not to say that we should spend less than we do, but it’s to say that we make more when we spend less. This is a very interesting and important point because when we spend less, we stop making money. We may be able to put more money into a house, or we may be able to put more money into a car.
The problem with this idea is that if we stop spending money we will start spending less, and that is not sustainable. If you sell your home and buy or build a new one, you can spend more than you make. You can always buy a second, third, or fourth home. This is especially true if you are building a house because you can always buy a bigger one.
This is not like buying a house, where we are limited to the amount the bank will allow us to spend. We can always put money into a savings account, a 529 plan, the stock market, or something that will pay off in the long run. In order to be able to buy a bigger home, you have to be able to buy a better house.