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Money Management Control Cash Flow Flashcards | StudBud
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Money Management Control Cash Flow
Money Management Control Cash Flow
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Questions
15
Answers
1
Needs are the things that are essential to your health and security
False
True
2
Almost 69 percent of millionaires use a budget to manage their money.
True
False
3
A long term goal is three months to a year
True
False
4
Teens typically spend an average of $19.50 a week!
False
True
5
Expenses are what you have to spend.
False
True
6
Only on your big goals should you write it down on paper.
True
False
7
You can tell a lot about a person's money habits by looking at their spending log.
True
False
8
Fifty-seven percent of teens today worry about not having enough money.
True
False
9
By failing to prepare, you are preparing to fail.
True
False
10
Which of the following is a positive money habit?
Stopping for fast food on the way to school
Borrowing money from your sister to get some gum
Putting spare change in a jar every chance they get
11
A spending log is a record of what you have spent in a given period of time.
True
False
12
A reason a person does not follow through on their goals is a lack of a budget.
False
True
13
When you wait to purchase an item, it gives you time to think through a purchase.
True
False
14
T/F "Successful people are simply those with success habits"
True
False
15
T/F: Selena relies mainly on the "bank of grandparents" to get money as she needs it.
False
True