Which of the following is a variable expense?

Which of the following is a fixed expense?

When calculating net worth, how do I determine net liabilities?

How is net worth calculated?

A budget variance is the difference between net income and net expenses. What is the ideal variance?

6. I want to save money to travel to Tahiti in TWO YEARS. What type of goal is this?

Joe wants to pay off his car within 4 YEARS. What type of goal has he set?

Bub and Belinda are 22 and would like to pay off their student loans BEFORE they turn 33. What goal classification does this meet?

Which of the items would MOST LIKELY to be considered a need?

Which of the items below would be MOST LIKELY to be considered a want?

On her net worth statement, Isabelle listed a diamond ring, dirt bike, used car and a family heirloom watch. What are these examples of?

On his net worth statement, Melvin listed a credit card bills, a student loan and a loan to his brother. What are these examples of?

Why is a net worth statement a valuable financial tool?

Sena's monthly income was $4231 and her expenses were $3651. What was her variance?

Which of those items is considered a LIABILITY?

Which would be a good step to take if you want to increase your net worth?

Which of the following assets are most likely to be depreciating or go down in value?

Which asset will most likely appreciate (go up) in value?

I have developed a plan to spend, save, and invest my money in order to to achieve my financial goals. What TYPE OF PLAN have I created?

Which financial report is an estimate of income and expenses each month to help keep track of his finances?

What is the value of balancing your budget each month so income and expenses are equal?

Oh no, my expenses exceeded my income this month.
Which of the following would help me get back on track.

What is the value of setting different categories of spending in your budget - such as clothing, eating out, rent and gas?

Target has endcaps at the front of each aisle with really cool items such as office supplies, coffee mugs, kitchen items and makeup. What does Target hope you do when seeing them?

I decided to spend my paycheck on video games instead of my car insurance. How I can't drive. This consequence is an example of a/an___________________

I bought some Samsung headphones and months later was not happy with my purchase. They were poor quality, too small and had rotten sound. What am I experiencing?

I am saving money for 3-6 months of unplanned expenses. What is this savings plan called?

What is one good financial strategy to use when shopping for groceries?

My brother received a phone call from his bank asking to access his account online. He doesn’t believe that this is a legitimate call from his bank. What has he experienced?

My friend Joline found out that someone had used her name to take out an Amazon credit card to purchase over $5000 worth of merchandise. What is she a victim of?

What is the safest way to ensure I am protected while making an online purchase?

Which strategy is the best way to ensure you build wealth for retirement?

One type of financial record keeping involves keeping records in a hard copy using pen, paper and journals - kept over time to refer back to. What type of recordkeeping system is this?

Another option for financial record keeping is soft copy records which are stored on a computer. This option allows information to be updated and changed easily. What type of record keeping system is this?