Basics Beginner: Budgeting Made Simple

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1.
A budget helps you match your _______.
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Income and expenses. A budget helps you match your income and expenses.
2.
If you have irregular income, sticking to a budget is impossible.
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False. If you have irregular income, it is very possible to stick to a budget
3.
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.
4.
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.
5.
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.