Life Skills Money

You develop this skill when you start paying your own bills and doing your own shopping.

• money management

• communication skills

• resilience

If you want to move out, what do you need to have?

• Money

• A Job

• Know how to pay bills

• All of the above

If you want to have kids, what would you need?

• A Job

• Money to provide for you all

• A house

• A Life plan

• All of the above

Relating to money or how money is used

• prevent

• therefore

• financial

• writer

Creating a budget, saving money, and investing money

are examples of            .

• Self- study             

• Well-informed

• Money management

• Motivate

She earns extra money by providing ___________ services for her neighbors.

• cope with

• babysitting

• decisive

• deal with

What is the term for managing your income and expenses effectively?

• Budgeting

• Spending

• Borrowing

• Lending

Which word describes the ability to understand and manage your finances?

• Financial literacy

• Financial ignorance

• Financial dependency

• Financial avoidance

What is the main purpose of a budget?

• To track spending

• To increase debt

• To avoid saving

• To ignore expenses

Which of the following is a fixed expense?

• Rent

• Groceries

• Entertainment

• Clothing