Cumulative 8th

Front

Why do we plan or schedule our time?

Back

Plan ahead so that we know what to be prepared for.

Front

Which of the following are TRUE about gross income and net income? They are the same thing, Gross income is the total amount earned AFTER deductions, Gross income is the total amount earned BEFORE deductions, Net income is the total amount earned BEFORE deductions

Back

Gross income is the total amount earned BEFORE deductions

Front

What are the benefits of Time Management?

Back

Relieve Stress, Decrease Distractions, Increase Productivity

Front

How can we overcome distractions? Options: Eliminate the Distraction, Remove yourself from the situation, Ignore the distraction, All answers are correct

Back

All answers are correct

Front

When practicing Time Management we must tell our time where to go.

Back

True

Front

What is the term for the money left over after all expenses are paid?

Back

Disposable Income

Front

Kylie plans on using the 50/30/20 rule for budgeting. How will she split her budget?

Back

50% saving, 30% needs, 20% wants

Front

What should Zeina do next after making a list of her tasks and estimating how much time they will take?

Back

She should prioritize her tasks, or put them in order of importance.

Front

Doing a budget DOES NOT: Make overspending more likely, Make your money go further, Show if you are overspending in an area, Remove guilt and shame sometimes associated with a purchase

Back

Make overspending more likely

Front

Money received on a regular basis

Back

Income