Modules 101-102 Review Part 1

Match it! Select the correct answer from the pull down...Good luck!

Buying a ____________________ is an example of a long-term financial goal.

The money left over after all expenses are subtracted from income is known as savings.

A winning lottery ticket or a scholarship is an example of

Which column in an annual budget indicates the money you really spent during the year?

If instead of buying six pairs of ballet shoes a year (at $15 a pair), Marie only buys four pairs, then she saves __________ a year.

If each monthly issue of Ballet Today costs Marie $2.50, then she spends _________ annually for her subscription.

You can calculate discretionary income by subtracting

College tuition is usually considered a long-term financial goal because it