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.
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 creating a budget, you should gather information associated with _______ of your expenses.
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All. When creating a budget, its important to gather information associated with all of your expenses.
5.
What kinds of expenses should you include in a budget?
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All of your expenses. When you create a budget, you should be as inclusive of your expenses as possible.