Management (Money and Time)

A planned use of money is called...?

• Management

• Banking

• A Budget

• Savings

Money Received is Known as...?

• Shares

• Income

• Gifts

• Expenses

The Method of Managing Money to help Control Spending is Called...?

• Grants

• Savings

• Banking

• Budgeting

Money that is used up or spent is called...?

• Shares

• Outcome

• Expenditure

• Expansion

Select two places where your money can be kept safe.

• Insurance Savings Plan

• In a locked Cupboard

• In the Bank

• Under a Mattress

Which of the following is not a reason for Budgeting?

• To Avoid Overspending

• To Show how Rich you are

• To Organize how the money is used

• To have money for Savings

Some Banks pay you ___ for money deposited in a savings account.

• Dues

• Interest

• Loans

• Over drafts

Your Family Expenditure should never be more than the income.

• True

• False

What percentage (%) of your earnings should be returned to God?

• 50%

• 20%

• 10%

• 30%

Time Management is all about...?

• Controlling Time

• Increasing Time

• Planning how to use Time

• Being on Time