Resource Management

Using resources effectively to achieve goals and solve problems is...

• Management

• Comparison shopping

• Impulse buying

• Resources

Which of the following is considered to be a material resource

• Knowledge

• Energy

• Time

• Talents

Which of the following is considered a human resource?

• Money

• Tools

• Time

• None of the above

What does it mean to budget?

• Money you are spending/leaving your bank account.

• Money you are earning/coming into your bank account.

• To estimate of income and expenses for a set period of time.

• None of the above.

What is an expense?

• Money you are spending/leaving your bank account.

• Money you are earning/coming into your bank account.

• To estimate of income and expenses for a set period of time.

• None of the above.

What is an income?

• Money you are spending/leaving your bank account.

• Money you are earning/coming into your bank account.

• To estimate of income and expenses for a set period of time.

• None of the above.

Budgeting helps us...

• Helps meet financial goals.

• Locates where money is going.

• Prepares for emergencies.

• All of the above

Comparison shopping is a smart way to shop.

• True

• False

Impulse shopping is not a smart way to shop.

• True

• False

I should review my budget...

• daily

• weekly

• monthly

• yearly