WorksheetsChapter 3: Recordkeeping
Total questions: 17
Worksheet time: 22mins
It is the way for you to manage you money.
Emergency Fund
Recordkeeping
Fixed expenses
Expenditures
The items you spend your money on
Recordkeeping
Budget sheet
Expenditures
Emergency Funds
It's where you record your expenses on.
Living expenses
Emergency fund
Budget Sheet
Expense Summary
These expenses change from month to month.
Fixed expenses
Living expenses
Annual expenses
Budget sheet
These expenses stay the same from month to month
Living expenses
Fixed expenses
Annual expenses
Expense summary
You must divide this by 12 when it is not given in "Monthly Share of" form
Living expense
Fixed expense
Budget Sheet
Annual expense
This compares the amounts that you spend to the amounts that you have budgeted.
Expense Summary
Recordkeeping
Annual Expenses
Budget Sheet
You should save at least 4 - 6 months of your monthly net income for this.
Fixed expenses
Annual expenses
Living expenses
Emergency Fund
Here are records for 3 months - $1368.22, $1365.00, $1337.21. What is their average monthly expenditures
4070.53
4007.53
1356.81
1365.81
Using the chart, what is the monthly average for credit card payments?
46.05
65.03
56.04
64.03
Monthly expenditures were the following: $112.11, $97.13, $106.45, $121.85, $107.91. Find the average monthly expenditures.
$109.09
$901.09
$545.45
$454.45
Find the monthly share of annual expenses
$192.29
$219.29
$119.29
$191.29
What are the kujawa's Monthly fixed expenses?
$700
$800
$900
$1000
Which of the following are considered annual expenses?
Rent
Life insurance
Car registration
Car payment
Budgeted: $167.80, Spent $158.90. How much more or less was spent?
$8.90
$9.80
More
Less
Marks annual expenses are: $575, $240, $475, $1,215, 26.50, $100. What are the total annual expenses?
$2,631.50
$2,361.50
$219.29
$291.29
If your tire blows out on your car, which expense would most likely pull from?
Credit Card
Emergency fund
Car insurance
Cable TV
