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Budgeting Quiz Flashcards | StudBud

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Bad credit is a persons history of failing to pay on time.

A deduction from your benefit means you have money in your bank.

Budgeting Quiz

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Questions 10

Answers

1
A deduction from your benefit means you have money in your bank.
True
False
2
Bad credit is a persons history of failing to pay on time.
False
True
3
What is a budget?
A plan made for driving a car
Just a word
A plan made up of income and expenses
A brand for food
4
What is one of the ways to come of Money Management?
Getting more bills
Nothing
Completing this budgeting programme
Applying for hardship
5
What is credit?
Its a fine
Ability to borrow money or access goods or services
To top up your phone
Your NZQA results
6
You can be blacklisted for 5 years if you have to go to Tribunal.
True
False
7
Which one of these is a benefit entitlement?
Plane tickets
Babies first birthday
Accommodation Supplement
Car repairs
8
What is one incentive you can get?
New car
Budgeting
A Voucher
A new phone
9
What is money management?
Benefit money is managed with your payment card, board/rent and in hand
A manager that has money
Your family member manages your money for you
You owe money to a manager
10
Your money goes into your payment card and bank account when on money management?
True
False