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WorksheetsMoney makes matters cam
Total questions: 27
Worksheet time: 14mins
Although the majority Americans think budgeting is important ,blank amount actually use a budget
35%
23%
%0
32%
Which of the following is not a comment of a budget
Credit score
Saving
Income
Giving
Online budgeting apps are more effective than pen and paper
Maybe
False
True
Kind
What are the four walls
Utilities ,college fund,resteranuts,car insurance
Food,utilities ,transportation,college fund
Food,utilities ,shelter,transportation.
Water,house,car,gas
How many categories should you have in your budget
13 or more
3
No more than 10
No limit
How often should you create a budget
Never
Monthly
Dsily
Yearly
If you get married,only one person is respondsaible for buddgetting
No
True
False
Maybe
What does a budget show you.
How much you need to save
How much money you plan to come in ands go out during the month
Detailed categorgoies on your budget will help you make better spending decisions
True
False
Maybe
A budget says that what will happen with your money,while a cash flow statement shows what already happen
True
False
No
Maybe
Your money personality can affect your
Choice of bank
Personal values
Ability to budget
Attitude toward budgetteting
How many month does it usually take for your budget to start working as a budget should
Five
Six
Three
One
Research shows that nearly half of Americans (46%) feel stress and anxiety about their amount of blank they have
Intermittent and varible
Discretionary and fixed
Discretionary and varible
Fixed and net
Net income is the amount you get paid before taxes
True
False
Maybe
What kind of money counts as income
Money from the sky
All the money you receive.everything
Only the money you get as your job
Money in saving account
What is the key to stay accountable to reaching your financial goals
Finding a person you trust to help keep you on track with your money goals
Create specific categories
Looking for a budget you set at the end of the mointh
A common misconception is that budgetteting will keep you from having fun,but it really
Adds more stress to your life
Means there are no rules
Gives you permission to spend
The first priority in your budget should be
Giving
Saving
Spendding
Investing
When is the right time to start creating and living by a budget
Right now
Later
Once you have a job
What should you do if you overspend in one category of your budget
Adjust your budget my removing money from other stuff
Just leave it
Don’t over spend next time
Ask a friend for money
Commission is when you make money based on the percentage of
Invenstemts
Budgets
Total sales
Items sold
What is a good way to make sure you are creating a good budget that’s realist
Make a new budget every day
Making sure it is oefect
Make a new one when your bored
Check your calendar so you can plan for upcoming events
The primary reason people don’t budget is because they lack the behavior to stick to a budget
No
False
True
Sometimes
Your monthly rent payment is an example of a variable expense
True
Fasle
No
The best way to budget is
By using a digital app
Whatever works best for you
On paper
What is the envelope system
It’s a system by writing everything on a envelope
It’s a method of budgetteting that uses envelope labeled with specific budget categories for your cash
If you have an irregular budget,budgetteting won’t work for you
True
Maybe
Flase
