6.1
6.2
6.3
6.4
100
what is why should you prioritize your goals
What is if you don't prioritize you could do something less important and not have money for the important goals
100
define luxury good
What is goods that have a special quality to them to make them more expensive
100
what is a budget worksheet
What is a planning on which you record your expected and actual expenses
100
what is audit
What is a type of review in which a budget is cheeked for accuracy and to determine whether it is helping reach goals
200
Define budget
What is plan for dividing income and spending options
200
What are flexible expense
What is amount you can choose to or not to spend
200
what is step 1 in preparing a budget worksheet
What is create a worksheet
200
What are the benefits of planning a family budget together?
What is they can decide the trade offs as a family instead of just one person
300
what is short and long term financial goals
What is things that you hope to achieve in a year and things you want to achieve in more than a year
300
What are fixed expenses
What is are amounts you are committed to spend
300
What is step 2 in preparing a budget worksheet
What is estimate your income
300
What can you do to adjust your budget if it doesn't balance
What is reduce your flexible expenses
400
What is the difference between short term and long term
What is short term takes less then a year and long term takes more then a year
400
why should you have a filing system
What is so you can keep organized and keep everything in one place
400
define step 3 in the budget worksheets
What is estimate your expenses and savings
400
Why should you review your budget at least once a year?
What is so you can adjust your spending and make changes
500
what are financial goals
What is goals related to money like going to collage
500
what are your sources of income
What is the money you earn
500
what is step 5
What is calculate the difference
500
How can budget worksheets help you create a budget for the year
What is can help you understand your spending and saving habits
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