First step of money management is

Figure out your personal needs vs wants

Having money left over after you paid your bills

Caused when quantity demanded is greater than quantity supplied

Definition of Surplus

your income was greater than your expenses

Having to pay more than your expenses.

A log where you write down your expenses

Se condstep of money management is

Figure out your expenses vs your income

The fastest land animal in the world

Tip #4 from the Youtube Video

Saving money is internal and external

The total amount of your income.

Definition of shortage

your expensees were greater than your income

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Money matters quiz

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Questions 43

Answers

1
is this a baseball player
False
True
2
This this a high priority need?
no
Yes
3
Is this a anime or a movie
false
True
4
Example of Universal Need
gatorade
Food
Anime
Dragon Ball Z
5
Tip #3 from the Youtube Video
Saving money is internal and external
Stay in your spending lane
Save your change
Save 20% of your weekly income
6
Example of Universal Need
gatorade
Pokemon
Water
soda
7
Is this a WANT
Yes
I perfer Adidas
No
8
First step of money management is
Figure out what starbucks drink you want.
A trip to Disneyland
Figure out your personal needs vs wants
9
Define surplus
Having money left over after you paid your bills
Having no money left over after you paid your bills.
Your pay check
A log where you write down your expenses
10
Tip #6 from the Youtube Video
Stay in your spending lane
Save 20% of your weekly income
Saving money is internal and external
Learn about money
11
A shortage is...
Someone who is under 5'4"
Caused when quantity demanded is greater than quantity supplied
Caused when quantity supplied is greater than quantity demand
A form of economic collapse caused by a lack of printed currency
12
Personal need
teachers
ocean water
Vacation
Starbucks
13
High Priority need
Nikes
pencil
Shelter
ocean water
14
High Priority need
ocean water
Starbucks
School Supplies
Nikes
15
Summer is...
Cold
Hot
16
Definition of Surplus
your income was lower than your ticket
six flags
your income was greater than your expenses
your income was lower than your expenses
17
Mr. Lee has 2000 dollars, he spends 1999 dollars on bills. Does he a shortage or surplus?
surplus
Shortage
18
Name this anime
Death Note
Pokmon
Naruto
The Future Diary
19
A Food Surplus is
Good
Bad
20
Surplus
profit made from investments
asset used to secure a loan
hoe fast an asset can be turned into cash
too much of an item in stock
21
Mr. Lee has 1000 dollars, he spends 1999 dollars on food. Does he a shortage or surplus?
surplus
Shortage
22
Example of Universal Need
ocean water
Pokemon
soda
Education
23
Define shortage
Having no money left over after you paid your bills.
Your pay check
Having money left over after you paid your bills
Having to pay more than your expenses.
24
Mr. Lee has 2000 dollars, he spends 2300 dollars on bills. Does he a shortage or surplus?
surplus
Shortage
25
Name this anime
Pokemon
Dragon Ball Z
My Hero Academia
Yu-Gi-Oh
26
surplus
a form of addition during medieval times used by merchants
under supply of goods or items
the perfect amount that is needed
more than is needed or used
27
Define Expense Log
A log where you write down your expenses
a log where you write down your income
A log from a tree that fell down
Mr. Lee's grade book
28
Tip #5 from the Youtube Video
Save 20% of your weekly income
Stay in your spending lane
Saving money is internal and external
Increasing your revenue
29
Se condstep of money management is
Figure out your personal needs vs wants
Figure out your expenses vs your income
Figure out what starbucks drink you want.
Surplus vs Shortage
30
Cheetahs are...
the slowest land animal in the world
What does cheetah mean?
The fastest land animal in the world
31
Tip #2 from the Youtube Video
Save 20% of your weekly income
Save your change
Saving money is internal and external
Stay in your spending lane
32
Being good at math means being fast at math.
True
False
33
Mr. Lee has 1000 dollars, he spends 1999 dollars on food. Does he a shortage or surplus?
surplus
Shortage
34
Example of Universal Need
Iphone
gatorade
Health Care
Pokemon
35
Banks are toy shops.
False
True
36
is this Health Care for all a universal need?
no
Yes
starbucks
37
Tip #4 from the Youtube Video
Save 20% of your weekly income
Saving money is internal and external
Save your change
Stay in your spending lane
38
Tip #1 from the Youtube Video
Saving money is internal and external
Save your change
Stay in your spending lane
Save 20% of your weekly income
39
is a Education for all a universal need?
Yes
starbucks
no
40
Define Revenue
No money at all
Money generatd by your savings account
The profits you have made
The total amount of your income.
41
Playing sports can be an interest
True
False
42
Definition of shortage
disneyland
Your income is lower than your income
your expensees were greater than your income
Your expenses were lower than your income
43
High Priority need
teachers
Starbucks
ocean water
First aid kit

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