Budgeting

Front

Budgeting is crucial to your financial success.

Back

True

Front

If an expense can NOT be removed from your budget to save money, it is considered a _____. Options: Income, Want, Need, Savings

Back

Need

Front

Examples of Fixed Expenses include:

Back

Mortgage, loans, rent

Front

Fixed or variable expense: Groceries

Back

Variable

Front

Utilities

Back

Variable Expenses

Front

A financial plan is called a

Back

budget

Front

If an expense can be cut from your budget to save money, it is considered a ______.

Back

want

Front

The money a 9th grader earns from making and selling earrings is considered _______. Options: income, needs, outflow, wants.

Back

income

Front

Which one should you budget for first? Options: Groceries, Entertainment, Cell Phone Bill, New Car

Back

Groceries

Front

NSF stands for

Back

non sufficient funds