Dave Ramsey Ch. 3 Review Part 1

Front

Rent is a: (see margin of page 60) Fixed expense, Variable expense, Discretionary expense, Intermittent expense

Back

Fixed expense

Front

Eating out is a:

Back

Discretionary expense

Front

Car repairs are a:

Back

Intermittent expense

Front

Groceries are a: (see margin of page 60) Fixed expense, Variable expense, Discretionary expense, Intermittent expense

Back

Variable expense

Front

A written budget, if followed, removes ________ from your finances.

Back

Guilt, Money fights, Overspending

Front

The zero-based budget is the best method of budgeting because:

Back

The zero-based budget ensures that every dollar you make is assigned a specific purpose.

Front

The #1 cause of divorce in North America today is stress and disagreements over money.

Back

True

Front

Which of the following is a consequence of overdrawing your checking account? (p. 71) Options: Stress from money mismanagement, Bounced check fee from the store, Overdraft fee from your bank, All of these

Back

All of these

Front

Your monthly budget should include: Discretionary expenses, Fixed expenses, Variable expenses, or All of these?

Back

All of these