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Managing Your Cash Flow Review #1 Flashcards | StudBud
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Managing Your Cash Flow Review #1
Managing Your Cash Flow Review #1
20 terms
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StudBud Administration
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87 plays
#HSFPP
Flashcards
20 cards
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Practice quiz
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Questions
20
Answers
1
You can balance your budget by
both of these
increasing your income
decreasing your expenses
none of these
2
What over 1 billion people around the world must get by on every day, living below the line.
$1.50
$2.50
$1.75
$2
3
You can find discounts and coupons before you shop
in catalogs
all of these
in the newspaper
online
4
Money flowing out
expenses
income
tolls
outcomes
5
The basics of maximizing your money comes down to
cash management
water flow
cash income
cash flow
6
What was Michael's "hole" in his income bucket?
parking tickets
red box fees
speeding tickets
library fines
7
You can save a lot of money by buying
none of these
brand new items
broken items
gently used items
8
Most people fail to realize..in life it's not how much money you make, it's how much you keep
Robert Redford
Robert Kiyosaki
Will Smith
Ben Franklin
9
These are things you can use to track your money.
checking register
envelope system
weekly receipt tally
all of these
10
Paying with cash will
tempt you to spend more
limit temptation
put you in debt
limit goals
11
You should ___________ your spending plan with/to others to stay on course.
share
text
email
discuss
12
Deciding how much you'll spend or making a list of what you will buy before shopping is a
career plan
plan for success
budget
all of these
13
To research bigger purchases you should
read reviews in magazines
talk to experts
check reliable websites
all of these
14
Create an ______ fund.
gift
money market
mutual
emergency
15
Use your spending log as a
alarm system
early warning system
warning bell
early intervention
16
Shopping when you're feeling _________________ is not a good idea.
sad
both of these
happy
none of these
17
To make your bucket bigger you could:
shovel some snow
all of these
sell some of the stuff you don't want anymore
get crafty and sell jewelry
18
Maintaining a ___________ cash flow is crucial.
ballooned
unbalanced
balanced
even
19
Money flowing in
income
outcome
inflow
outflow
20
Before you buy, you should use the __________________ test.
Stop, Drop and Think
none of these
Stop and smell the Roses
Stop, Drop and Roll