A Simple Budget

Based on the income, what is the most you can afford to pay on the student loan ?

• $749

• $649

• $650

• $750

Base on the budget, what is the best way to balance the budget for Wednesday?

• Get a loan

• Ask for credit at the store

• Reduce expenses

• Ask for a raise

Based on the budget, what is the best way to balance the budget for Tuesday?

• Reduce expenses

• Increase expenses

• Borrow money from a friend

• Work three jobs

Based on the budget, what is the most you can afford to spend on car payment?

• $1018

• $1117

• $998

• 1017

When is a budget considered to be balanced?

• When the amount you spend is greater than the amount you earn.

• When the amount you save is less than you spend.

• When the amount you spend is equal or less than the amount you earn.

• When the amount you earn is equal or less than the amount you spend.

Typically, how do people earn income?

• by paying taxes

• spending more than they earn each month

• saving a portion of their paycheck each month

• working at a job