Dave Ramsey Budgeting 3.1
Flashcard
•
Mathematics
•
12th Grade
•
Practice Problem
•
Hard
+3
Standards-aligned
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15 questions
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1.
FLASHCARD QUESTION
Front
What is budgeting?
Back
Budgeting is a detailed plan of how you are going to use your money to pay for things you want and need.
2.
FLASHCARD QUESTION
Front
True or False: Budgeting is extra work that does not benefit you and makes no difference in your life.
Back
False
Tags
CCSS.RI.11-12.5
CCSS.RI.6.5
CCSS.RI.7.5
CCSS.RI.8.5
CCSS.RI.9-10.5
3.
FLASHCARD QUESTION
Front
What does a budget help you identify?
Back
A budget helps you identify if you are overspending in an area.
4.
FLASHCARD QUESTION
Front
True or False: It is okay to use a credit card if you pay it off every month (according to Dave Ramsey).
Back
False
5.
FLASHCARD QUESTION
Front
What is the primary purpose of a budget?
Back
The primary purpose of a budget is to manage your finances effectively and ensure you can pay for your needs and wants.
6.
FLASHCARD QUESTION
Front
What does budgeting NOT do?
Back
Budgeting does not make overspending more likely.
7.
FLASHCARD QUESTION
Front
What is a common misconception about budgeting?
Back
A common misconception is that budgeting is restrictive and does not allow for flexibility in spending.
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