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Financial Literacy Flashcards | StudBud
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Financial Literacy
Financial Literacy
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Flashcards
6 cards
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Practice quiz
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Questions
6
Answers
1
There are usually two type of expenses as "need" and "want".
True
False
2
Joe spent 20% of $3000 on gas. He spent only half of that amount on his shoes. He spent.....for his shoes!
$300
$400
$100
$200
3
Gas, Rent, and Food are recurring expenses
True
False
4
Personal values do NOT play role in budget.
False
True
5
Joe has 3000. He spent $600 each for insurance, gas, and food. Total he spent for all those three items is.......
30%
40%
50%
60%
6
Joe has 3000. He spent $900 for clothes. After making this purchase, Joe still has .....% of 3000!
50
30
90
70