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WorksheetsPersonal Management
Total questions: 8
Worksheet time: 4mins
What is generally considered a major expense?
above 5% of income
greater than 10% of income
larger than 20% of income
more than 25% of income
Which of the following is most likely a major expense?
A new computer
Groceries
A lamp
A textbook
What is a budget?
A list of items to compare the different costs of items
The amount of money you have in your savings
A plan to track how much money someone makes
The amount of money someone makes in a month
Which of the following is not a shopping strategy?
Looking at online reviews
Comparison Shopping
Buy whatever your friends recommend
Gauging the amount of money left after the purchase
Which of the following is a part of spending habits?
Spending more with a credit card than a debit card
Using coins to buy expensive items
Using $100 bills on a daily basis
Carrying only $10 and $20 dollar bills
What is Buyer's Remorse?
Forgetting to buy an item and regretting it after
Regretting to buy an item when you could have
Regretting buying an item for a friend instead of yourself
Regretting buying an item
Do people generally spend more money when your hungry?
True
False
How should you manage your money better?
Create a budget
Spend money on items you want when you see them so you don't regret it later
Buy the most expensive thing product because it has more functions than cheaper items
Choose the cheapest and low quality items to buy so you can save money
