stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Financial Literacy Flashcards | StudBud
Explore
/
Financial Literacy
Financial Literacy
10 terms
·
StudBud Administration
·
259 plays
basic financial info - income/expenses
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
Most fixed expenses occur on a monthly basis.
true
false
2
It is important to try to save money to cover unexpected expenses.
false
true
3
Birthday and Christmas presents are variable expenses.
true
false
4
Most adults get their income from....
work
the bank
lottery
presents
5
Car payments are fixed expenses.
true
false
6
Rent/house payment is a variable expense.
true
false
7
The 2 categories of expenses are
fixed and broken
savings and spending
monthly and variable
fixed and variable
8
The 2 basic categories of personal finance are:
money and expenses
dollars and cents
income and expenses
income and out go
9
If you don't pay your power bill.....
no problem
you go to jail
they turn off your power
it does not matter
10
It is ok to spend more than you make.
true
false
