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All About Your Budget Flashcards | StudBud
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All About Your Budget
All About Your Budget
16 terms
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StudBud Administration
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A#financiallitteracy#9thgrade#budgeting
Flashcards
16 cards
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Questions
16
Answers
1
What is an income?
Monet received for doing overtime
money received, especially on a regular basis
money paid regularly at a rate for the use of money lent
The money that gets taken out of your paycheck
2
What are important things to remember while on a buget?
Don't impulse buy. Keep a notebook. Be mindful of your money
Buy what you want to be happy
Budgets are for losers!
Get so much money that you don't need to budget
3
What is the average weekly income?
$7.25
$635.78
$850.12
4
What are finances?
putting money into something with the hopes of making more
the management of large amounts of money
The process you go through to pay your bills
The money that is taken out of your paycheck before u get it
5
What is a salary?
a long green vegetable
money that you set aside for after retirement
fixed pay that does not change
a payment that an employee gets based on the hours worked
6
How much do you get paid for working on a federal holiday?
2.5 times the normal pay
None. its your job
2 times the normal pay
1.5 times the normal pay
7
What is the difference between spending and investing.
You expect to get money back after spending.
you don't expect to get money back after spending.
8
Which one of these is not a bank?
Capital one
Citi
Chase
Progressive
9
What is an average work week?
45 hours
25 hours
15 hours
40 hours
10
If you have a salary, can you be neglected pay for taking a sick day?
It depends on if it's a weekday or a weekend
Yes
No
11
What does SMART goals stand for?
Specific, Measurable, Attainable, Realistic, Timely
Smart, Mechanical, Alternative, Revolving, Temper
Sad, Mature, Adult, Real-life, Ten
12
What is a deposit?
money that you get for working a certain amount of hours
Putting money into your bank account
Taking money out of your bank account
when you owe people or companies money after borrowing it
13
What does it mean to prioritize?
Put all duties off until the last second
organize all duties in order of importance
to organize all of your money into categories
To save up money for retirement
14
If you are normally paid $12/HR and you work for 2 hours on Christmas, what do you get paid?
$12
$24
$36
$48
15
Which one of these is
NOT
considered an impulse buy?
Makeup
Clothes
Rent
Food
16
What is a wage?
A pay that depends on the amount of hours you worked
A fixed pay that does not change based on the hours worked