Know your Budget

Which one is NOT an expense?

• rent paid

• power bill

• salaries

• insurance

Which one is NOT a need?

• food

• family

• shelter

• broadband

What is a budget?

• an income statement

• a plan of estimated income and expenses

• a cashflow statement

• calculated plan

Which one is NOT a benefit of using a digital budget?

• calculates automatically

• easy to update

• monitors regularly

• lose your mobile

Which one is NOT an income?

• pension

• salaries

• wages

• shares

• rent paid

Define a surplus?

• too much product

• income is greater than payments

• too much money

• excess expenses over income

What does CAB stand for?

• Citizens Advice Bureau

• Children At Back

• City and Backpackers

• Cats and Bats

Which reason isn't the best reason for you to save for?

• for the latest mobile phone

• for your board

• for your education

• for emergencies

Which one is a fixed (same amount, same time) payment?

• food

• power

• mortgage

• petrol

Which one is NOT a fixed (same amount, same time) income?

• on call part time job

• weekly wage

• salary

• fortnightly pocket money