Money Budget

How often should you check your spending?

• Every day

• Weekly

• Monthly

• Only when you run out of money

Before making a purchase, what should you consider?

• The item's brand

• Whether it’s a need or a want

• How popular the item is

• The discount offered on the item

Why is it important to review your budget at the end of the month?

• To adjust your monthly allowance

• To understand your spending habits

• To set new goals for your savings

• To make a new shopping list

What makes a budget?

• a financial plan for a indefinite period, often one year.

• a individual plan for a defined period, often one year.

• a financial plan for a defined period, often one year.

• a attractive plan for a festival, often with music.

What are the main parts of the budget?

• income and outcome

• income and expenses

• welcome and expenses

• income and experience

_______________ is the process of creating a plan to spend your money.

To spend less money and put some aside.

• save

• afford

• lend

• borrow

What is the term for a plan that outlines expected income and expenses over a period of time?

• Budget

• Investment

• Savings

• Loan

Which word means to set aside money for future use?

• Spend

• Save

• Borrow

• Lend

Choose the correct sentence:

• She budget her money wisely.

• She budgets her money wisely.

• She budgeting her money wisely.

• She budgeted her money wisely.