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Money Management Flashcards | StudBud
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Money Management
Money Management
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How much do you really know and #money and #managing your #finances
Flashcards
9 cards
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Practice quiz
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Questions
9
Answers
1
Identify the financial luxury
A new car
An evening meal
Somewhere to live
Clothes to wear
2
Dealing with debt who can you contact for help?
Battersea Library Centre
Wandsworth Citizens Advice Bureau
Mission House Citizens Advice Bureau
Wandsworth Branch of South West London Law Centres
3
Turn2us is a national charity that provides what service?
access to welfare benefits
Benefits calculator
charitable grants
Support Services
4
Spot the odd one out: which one is not a way of generating an income?
Providng a service
Receiving benefits JSA, Income Support, Universial Credit
Buying a product
Wages
5
How many different payment methods are there?
12
8
20
15
6
What is the first rule of budgeting?
Never keep track of expenses
Always put something away for a raining day
Spend less than you earn
Buy what you want you only live one
7
what is a priority debt ?
You have been sent a reminder letter to pay your gas bill
Your landlord has sent a letter regarding your rent arrears
You have received a Court summons for overdue Council Tax
You have no money to top up your mobile phone
8
Identify the financial need
Somewhere to live
Clothes to wear
A new car
Food to eat
9
what is money management?
Understanding your consumer rights
Your ability to spend money
Understanding how to generate an income
Your ability to manage your finances
