Chapter 3: Recordkeeping

Front

It is the way for you to manage your money.

Back

Recordkeeping

Front

The items you spend your money on

Back

Expenditures

Front

It's where you record your expenses on.

Back

Budget Sheet

Front

These expenses change from month to month.

Back

Living expenses

Front

You must divide this by 12 when it is not given in "Monthly Share of" form. Options: Living expense, Fixed expense, Budget Sheet, Annual expense

Back

Annual expense

Front

This compares the amounts that you spend to the amounts that you have budgeted.

Back

Expense Summary

Front

You should save at least 4 - 6 months of your monthly net income for this.

Back

Emergency Fund

Front

Here are records for 3 months - $1368.22, $1365.00, $1337.21. What is their average monthly expenditures?

Back

$1356.81

Front

Using the chart, what is the monthly average for credit card payments?

Back

56.04

Front

Monthly expenditures were the following: $112.11, $97.13, $106.45, $121.85, $107.91. Find the average monthly expenditures.

Back

$109.09