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Which of the following most accurately describes a budget deficit?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
Short-term goals are goals you hope to achieve in how many years?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
What is the first thing to consider when planning a budget?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
Which of the following events would not require reworking a budget?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
How can you make sure your budget is on track after you set it up?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
Which of the following should be included in a goal-planning worksheet?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
Which of the following is not a quality of a good budget?
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
fixed expenses include all of the following except
having a budget surplus
compare your budgeted income and expenses with your actual income and expenses for two weeks
1-5 yrs
not having enough money to cover expenses
sharing, spending, and saving goals
deficit based
new tires
Financial Goals
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