Budgeting
Flashcard
•
Life Skills
•
11th Grade
•
Practice Problem
•
Easy
Nicole Valentine
Used 1+ times
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12 questions
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1.
FLASHCARD QUESTION
Front
Is budgeting crucial to your financial success?
Back
True
2.
FLASHCARD QUESTION
Front
If an expense can NOT be removed from your budget to save money, it is considered a _____. Options: Income, Want, Need, Savings
Back
Need
3.
FLASHCARD QUESTION
Front
Examples of Fixed Expenses include:
Back
Mortgage, loans, rent
4.
FLASHCARD QUESTION
Front
Fixed or variable expense: Groceries
Back
Variable
5.
FLASHCARD QUESTION
Front
Utilities
Back
Variable Expenses
6.
FLASHCARD QUESTION
Front
A financial plan is called a
Back
budget
7.
FLASHCARD QUESTION
Front
If an expense can be cut from your budget to save money, it is considered a ______.
Back
want
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