Consumer math is a field of mathematics, which shows you how to use your basic math skills to real life situations such as buying a car, budgeting your money, investing, paying taxes, getting a mortgage, etc...

Here is what you should expect from these lessons about consumer mathematics.

- The topics presented are basic, simple, and right to the point.

- The lessons will help you build your vocabulary.

- You will feel comfortable using math in real life situations.

Topics will be added on a regular basic. Please stay tune for updates!

**Buying a house**

Mortgage loans

Learn about some important basic math skills that you need to know in calculating your mortgage loans.

Real state tax

Learn how a property tax is calculated using some basic math skills.

**Topics in investment**

Bonds

Learn about what bond, face value, and how to calculate the cost of bond given the face value and the percent shown on the face value.

Savings bond

Learn about redemption value and how to calculate the interest given the redemption value and the cost of the bond.

Simple interest

Learn how to compute the interest for a principal that is not reinvested.

Compound interest formula

The compound interest formula is explained.

Compound interest word problems

Learn how to use the compound interest formula with these word problems.

Simple versus Compound interest

Learn the difference between simple and compound interest.

Rule of 72

Find out how long it will take your money to double.

Why the rule of 72 works

Find out where the 72 came from and why it makes sense.

**Buying a car**

Understanding car financing

Learn about some basic terms used when financing a car and some basic mathematics skills you will encountered.

**Income and expenses**

Adjusted gross income

Learn to calculate your adjusted gross income.

Calculate taxable income

Learn to calculate your taxable income.

Calculate take home pay

Learn to calculate how much money you take home with you after taxes and/or deductions.

Estimate gas cost

Learn to calculate how much money you spend on gas with an easy to use formula.

**Buying stuff**

Price discount

Learn how to find the price of items after the price has been discounted or reduced.

**Baseball statistics**

Calculate baseball statistics

Learn how to find baseball statistics such as batting average, fielding percentage, and so forth using basic math skills.