Cuestionario sobre Presupuestos

What is net income?

• The money saved each month

• The salary after taxes and benefits

• The income from investments

• The total salary before taxes

What is the first step to create a budget?

• Make a savings plan

• Calculate net income

• Set financial goals

• Review expenses

What type of expenses change from month to month?

• Emergency expenses

• Fixed expenses

• Variable expenses

• Investment expenses

What percentage of income is recommended to be allocated to savings according to the 50/30/20 method?

• 50%

• 30%

• 20%

• 10%

What budgeting method is suitable for those who have trouble controlling their spending?

• 50/30/20 Budget

• Zero-Based Budget

• Envelope Budget

• Pay Yourself First Budget

What should be done if you want to adjust the budget?

• Increase fixed expenses

• Do nothing

• Review and reduce discretionary spending

• Eliminate all expenses

What is the importance of regularly reviewing the budget?

• To avoid making changes to the budget

• To ensure that objectives are being met

• To spend more money

• To increase expenses

What should be included in the list of financial goals?

• Only long-term goals

• Only short-term goals

• Short-term and long-term goals

• It is not necessary to include goals

What budgeting method implies that expenses equal income?

• Zero-based budgeting

• Pay yourself first budgeting

• 50/30/20 budgeting

• Envelope budgeting

What is recommended to do if spending on wants has been adjusted and goals are still not being met?

• Stop saving

• Increase spending on wants

• Review fixed expenses

• Do nothing