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Budgeting & Savings Review

Budgeting & Savings Review

Assessment

Flashcard

others

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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24 questions

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1.

FLASHCARD QUESTION

Front

Which of the following is NOT a component of a budget? Credit score, Saving, Income, Giving

Back

Credit score

2.

FLASHCARD QUESTION

Front

What does a budget show you?

Back

How much money you plan to come in and go out during the month

3.

FLASHCARD QUESTION

Front

Detailed categories on your budget will help you make better spending decisions.

Back

True

4.

FLASHCARD QUESTION

Front

How many months does it usually take for your budget to start working as a budget should?

Back

three

5.

FLASHCARD QUESTION

Front

Research shows that nearly half of Americans (46%) feel stress and anxiety about the amount of _____________ they have.

Back

personal debt

6.

FLASHCARD QUESTION

Front

Net income is the amount you get paid before taxes.

Back

False

7.

FLASHCARD QUESTION

Front

What kind of money counts as income? Options: Only the money you make at your job, All money that you receive, including money from your job and gifts like birthday money, Money in your savings account, only money deposited in your bank account

Back

All money that you receive, including money from your job and gifts like birthday money.

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