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Basics Beginner: Budgeting Made Simple

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1.
What is one kind of financial need?
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Groceries. Groceries are one kind of financial need.
2.
What are some options if despite good faith efforts to make a budget work, you are still getting behind on your bills?
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Take on a side gig. This is an example of a hard choice that may be unavoidable.
3.
A major purchase is a _______ expense.
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Variable. It is variable because you don't normally buy it on a regular basis.
4.
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.
5.
What is one way to gather accurate information about your income to include in a budget?
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Looking at your paystub. Looking at your paystub is one way to gather accurate information about your income to include in a budget.