Budgeting

Which is NOT one of the main types of bank accounts?

• Savings
• Chequing
• Line of credit

Which account earns higher interest?

• checking accounts

• savings accounts

Why budget?

• prevent debt
• plan for future
• save money
• all of these

Tracking your expenses is key to a successful budget?

• True
• False

What are expenses?

• money you save

• money you spend on things

• money you put away for taxes

• all of these

What is an example of a Fixed Expense?

• Movie Ticket
• Gas 
• Rent 
• Groceries

Gasoline

• fixed expense
• expected expense
• unexpected expense
• variable expense

A car payment is an example of a 

• fixed expense
• unexpected expense
• variable expense
• anticipated income

Entertainment

• fixed expense
• unexpected expense
• unanticipated expense
• variable expense

Utilities

• unexpected expense
• Regular income
• variable expense
• Variable income