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Q 1/7
Score 0
Which of the following refers to a detailed plan for managing your money?
30
Investment
Loan
Budget
Savings
Q 2/7
Score 0
What is the term used for money you owe to someone else?
30
Income
Debt
Expenses
Savings
7 questions
Q.
Which of the following refers to a detailed plan for managing your money?
1
30 sec
Q.
What is the term used for money you owe to someone else?
2
30 sec
Q.
When creating a budget, what does 'income' refer to?
3
30 sec
Q.
Tom has a monthly income of $500. He spends $200 on rent, $100 on groceries, and $50 on utilities. How much does he have left for savings or other expenses?
4
30 sec
Q.
What should you do if your expenses exceed your income?
5
30 sec
Q.
If you spend less money than you earn or receive, what can you expect to have?