Personal Finance Chapter 3 Budgeting

What is the first step of budgeting for a regular income?

Budgeting with an irregular income includes all of the following, EXCEPT...

Which Account has the Most Accurate record of your account

A sinking fund is most often used for what type of expense?

Online Bill Payment is a great option for _______ Payments

A written budget, if followed removes ________ from your finances

Which is a consequence of overdrawing your account? 

Which is an variable expense

Which is a fixed expense

All of these are commonly offered economic incentives EXCEPT:

Which can you NOT typically get from your bank? 

A zero based budget is the preferred budget because...

What is the first step of budgeting an irregular income?

An example of an intermittent expense would be...

When are typical wage workers typically paid overtime or shift differential rates?

Your Monthly Budget Should Include.... 

When are intermittent expenses paid?

The envelope system is a money management system that works best when used on:

Which best represents overtime pay?

Which is a discretionary expense

In financial terms, to reconcile means to...

This occurs when more money is withdrawn than is available

When computing your income, you should use your _______ income as the amount you get to spend

The difference between a cash flow statement and a budget is...