Budget+ Assessment

Front

Short-term goals are

Back

accomplished in less than a year

Front

The amount of earnings made over one month, after deductions, is known as:

Back

net monthly income

Front

A record of income and expenditures for a given period of time is called a/an:

Back

budget

Front

When budgeting, the first categories to consider are those that meet your: wants, needs, discretionary funds, important expenses

Back

needs

Front

In what category of a typical family budget do people spend most of their money? Options: food, housing, transportation, entertainment

Back

housing

Front

Jason went to the grocery store to buy a gallon of milk for his mother. While waiting in the checkout line, he saw a display for a new chocolate-caramel candy bar, so he bought it too. The candy bar purchase is an example of a/an:

Back

impulse buy