Money managment Review

Having a budget to buy anything is very exaggerated.

• True

• False

If you could choose between a credit card or an ATH, choose a credit card because it helps you with your credit history.

• True

• False

Variable expenses are more important than fixed expenses.

• True

• False

The importance of finance in teenagers is that it helps them spend their money only on what they need.

• True

• False

Variable expenses are always the same and fixed expenses are the expenses that vary according to needs.

• True

• False

Money that a person has.

• Finance

• Income

• Expenses

Money you use to buy goods or services.

• Finance

• Income

• Expenses

Amount of money you earn or receive regularly.

• Finance

• Income

• Expenses

Plan to make correct use of our money.

• Savings

• Budget

• Interest

Money you pay to the bank for using their money.

• Savings

• Budget

• Interest