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Money Management Quiz Flashcards | StudBud

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Money Management Quiz

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Questions 10

Answers

1
What is the difference between a coupon and a gift-card?
coupons have an expiration date while gift-cards do not
save money
Gift-cards have an expiration date while coupons do not.
2
on the last slide, what does Hamm say," Don't _______ your life away."
Waste
Throw
Gammble
Rest
3
What exactly is Money Management?
Process of budgeting and saving
Saving Investments.
Opening and account
Spending what you want
4
Why is it important to Budget?
Fill up account
Start to build Financial Security
To save money
Become rich
5
What is NOT a tip Honey Boo Boos mom mentioned?
"Let's do quick math"
"It's addicting"
"I hate shoppin'"
"It's not Rocket Science"
6
What is NOT a Common Expense?
Phone Bill
Gas Money
Haircut
Groceries
7
True/False: Unexpected expences may occur at any time?
False
True
8
What is the first step to budgeting?
Make a detailed account of all expenses.
Stick to your budget plan.
Have a savings account and leave room for all unexpected exp
9
Why is Couponing a great saving tip?
Become cheap
Only use coupons
Saves you money by buying off-brands.
10
What IS a Common Expense?
Technology
House Payment
Car Insurance
Tuition