STANDOUT 4 Unit 2 ESOL - Money Management

Question 1

Why is it important to manage your money well?

Accepted Answer

So that you can pay all your bills on time

Question 2

Which of these is an expense?

Accepted Answer

Gas Bill

Question 3

Which of these is a good source of help if you have money problems?

Accepted Answer

Virginia Credit Bureau

Question 4

Which of these is an expense?

Accepted Answer

Insurance premiums

Question 5

What could happen to you if you do not pay your federal and state income taxes?

Accepted Answer

Go to court, get fined, and possibly go to prison, It could make your debt problems worse, Bailiffs could come and take your possessions to sell

Question 6

Which of these do you "want" NOT "need"?

Accepted Answer

Mobile Phone

Question 7

Which of these is a good source of help if you have money problems?

Accepted Answer

National Debt Hotline

Question 8

Which of these is income?

Accepted Answer

Weekly Paycheck

Question 9

What could happen to you, if you spend too much money, over a long period of time?

Accepted Answer

Get into serious debt, lose your house and property

Question 10

Which of these can help you manage your money well?

Accepted Answer

Setting a budget, and sticking to it

Question 11

Which of these is a good source of help if you have money problems?

Accepted Answer

Citizens Advice Bureau

Question 12

Which of these is an expense?

Accepted Answer

Food shopping bill

Question 13

Which of these do you "need" ?

Accepted Answer

Water

Question 14

Which of these is income?

Accepted Answer

Government Benefits

Question 15

Which of these is income?

Accepted Answer

Annual Salary

Questions 15