Introduction to Money Management - Budgeting

What percent of Americans have no clue how much they spent last month?

What celebrity has the highest net worth?

Experts say that you should have _____ months of savings in your savings account

Which of these costs would be the MOST difficult to adjust if looking to reduce your expenses?

Where do consumers track their spending/record their expenses

Which of the following is considered a fixed expense?

What percent of your overall budget should be your housing (Rent/mortgage)?

What is the average cost of a one bedroom apartment in Chicago?

Owned items of value are considered your _________________?

What agency protects consumers and competition by preventing anticompetitive, deceptive, and unfair business practices

Which of the following is an example of rational advertising

On average, how much does a working American spend on Starbucks per year?

Which type of expense is the easiest to adjust?

If Jill spent 5% of her $1,000 net pay on clothes, how much did Jill spend?

What protects consumers from unexpected expenses (like a car accident)?

What is the first step in effective money management?

Money left over after paying for essentials such as rent, utilities, clothing,transportation

What is budgeting?

What does the average American spend per year on transportation?

What is the average American income