Budgeting

Budgeting

Assessment

Flashcard

Life Skills

11th Grade

Hard

Created by

Nicole Valentine

FREE Resource

Student preview

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12 questions

Show all answers

1.

FLASHCARD QUESTION

Front

Is budgeting crucial to your financial success?

Back

True

2.

FLASHCARD QUESTION

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

3.

FLASHCARD QUESTION

Front

Examples of Fixed Expenses include:

Back

Mortgage, loans, rent

4.

FLASHCARD QUESTION

Front

Fixed or variable expense: Groceries

Back

Variable

5.

FLASHCARD QUESTION

Front

Utilities

Back

Variable Expenses

6.

FLASHCARD QUESTION

Front

A financial plan is called a

Back

budget

7.

FLASHCARD QUESTION

Front

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

Back

want

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