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Budgeting Flashcards | StudBud

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Budgeting

13 terms·StudBud Administration·10,847 plays

Put Some Aside

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Questions 13

Answers

1
Is money the only thing you can budget?
Yes
Maybe
Probably
No
2
Why is budgeting important?
Helps you manage your money
To make more money
For opening a bank account
Because math is fun
3
Should your expenses be greater than your income?
Maybe
Yes
No
Sometimes
4
What is money that you receive called?
Treat
Budget
Income
Expense
5
Who is the U.S. President on a $2 bill?
George Washington
Abraham Lincoln
Thomas Jefferson
Andrew Jackson
6
A written plan for how to save, spend and invest money.
Notes
Tool
Budget
Monopoly
7
Weekly Allowance: $30, Saving Plan: $5/per week, Lunch: $2/per day, Snacks: $1.00/per day =
$23
$11
$22
$10
8
Food, clothes, bus fare, ipads, books are
Neither Income nor Expenses
Income
Both Income and Expenses
Expenses
9
Income, Savings and Expenses
All parts of math
All parts of a tool
All parts of a worksheet
All parts of the budget
10
Benefits of budgeting time are...
Having the opportunity to stay outside longer
Having the opportunity to study at the last minute
Having the opportunity to sleep more
The opportunity to fit all that you want to do into the day
11
Paychecks and allowances are
Expense
Income and Expense
Neither Income nor Expense
Income
12
Time management is....
Watching the clock
A job working on the time
Budgeting your time
A job working with clocks
13
What is an expense?
Profits
Money that you spend (bus fare, snacks, books)
Paycheck
Receipts