stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Financial Literacy Flashcards | StudBud
Explore
/
Financial Literacy
Payments that don’t change are called…
A budget helps you to…
Financial Literacy
10 terms
·
StudBud Administration
·
23 plays
#math #financialliteracy#budgeting
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
A budget helps you to…
overspend
buy everything you want
balance your income with your expenses
earn more money
2
Payments that don’t change are called…
Deductions
Fixed Expenses
Variable Expenses
Net Salary
3
How can you find monthly salary?
weekly salary divided by 4
weekly salary x 12
weekly salary divided by 12
weekly salary x 4
4
Which of these is Not a source of income?
salary
savings
Allowance
interest
5
Which is a fixed expense?
food
entertainment
car payment
clothing
6
A set amount paid to an employee for their work - same no matter how many hours are worked.
gross pay
salary
budget
wage
7
__________ salary is what you make before deductions.
gross
net
8
_______ helps you make choices about spending and saving.
deductions
emergencies
budgets
fixed expenses
9
A plan for making, saving and spending money is _____.
flexible expenses
gross pay
deductions
budgeting
10
An example of a flexible expense is…..
car payment
health insurance
entertainment
rent
