Budgeting Pre-assessment

Define BUDGET

Define FIXED EXPENSES

Define VARIABLE EXPENSES

Define PURCHASING

Define LEASING

Define NEEDS

Define WANTS

Define RENTING

Spending is essential when it comes to personal finances, but before you can spend money, you need to create a budget; that way you can maintain practical and reachable financial goals.

• No Cap

  (True)

• Cap!

  (False)

To be financially savvy, you always want to ensure your income is higher than your expenses.

• No Cap

  (True)

• Cap!

  (False)