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1.
What is one way to gather accurate information about your income to include in a budget?
Choose wisely. There is only one correct answer.
Looking at your paystub. Looking at your paystub is one way to gather accurate information about your income to include in a budget.
2.
When you budget, you try to match your _______.
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Income with your expenses. When you budget, you try to match your income with your expenses.
3.
A budget helps you match your _______.
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Income and expenses. A budget helps you match your income and expenses.
4.
If you have irregular income, sticking to a budget is impossible.
Choose wisely. There is only one correct answer.
False. If you have irregular income, it is very possible to stick to a budget
5.
The first step in financing a major purchase is to ________.
Choose wisely. There is only one correct answer.
Establish a household budget. That way, you can see how and where the planned purchase can be fit into your overall financial picture.