Finance

Although the majority of Americans think budgeting is important, about ____ of Americans actually use a budget?

• 39%

• 23%

• 35%

• 50%

What does a budget show you?

• How much money you need to save.

• How much money you need to earn.

• How much money you plan to earn and spend during the month.

• How much money you spent last month.

You should always make sure you have a...,

• A line of credit.

• A debit card.

• Spending Account.

• Budget

It's no secret that most jobs will earn you more money with more education?

• True

• False

Which of the following in Not a component of a budget?

• Income

• Credit Score

• Savings

• Expenses

Working 20 hours per week at 15.00 an hour and having 18% of your paycheck taken out for taxes nets you how much income?

• $246.00

• $354.00

• $300.00

• $248.00

Rent is an example of a...,

• Variable Expense

• Emergency Expense

• Fixed Expense

• Utility Expense

How often should you create a budget?

• Daily

• Weekly

• Monthly

• Yearly

The amount of money representing the difference between deposits and withdrawals.

• Principle

• Total Income

• Balance

• Minimum Balance

Research shows that nearly half of Americans feel stress and anxiety about the amount of ______ they have