Personal Finance - CH02: OQs

List the Four Walls. What priority are those in your budget?

Explain the difference between a fixed expense and a variable expense, and include an example of each.

What are some key components of successful budgeting?

Describe irregular income and give examples.

What makes a budget a zero-based budget?

What's an example of an unexpected expense that may occur? How would you adjust your budget to ensure that you don't overspend that month?

Tags

CCSS.RI.1.1

CCSS.RI.2.1

CCSS.RI.3.1

CCSS.RL.2.1

CCSS.RL.3.1

Explain cash-flow statements. How do they work and what specifically do they how you? Give examples of how a cash flow statement will help you adjust your budget for the following month.