Facts
What are fixed expenses?
What is expenses that do not change?
These help set forth meaningful guidelines for allocating our limited resources
What is Values?
What are the three types of time specific goals?
How many months should your emergency savings cover?
What is 3- 6 months?
What is a spending diary?
What is an account of all expenses during a specific time frame.
What actions can be taken if you have a surplus or shortfall in your budget?
What is reduce debt or save more?
What is the Goal Setting Hierarchy?
What is Values, Priorities and Goals?
What is the first step of establishing a budget?
What is create a spending diary for 30 days?
The average American spends major of their expenses on what?
What is housing?
What percentage of Americans use some type of budget to mange their household income and expenses?
What is 1 out of 3?
What are common objectives of goal setting?
What are some strategies to reduce debt?
What is prioritize high-interest debt, negotiate lower interest rates and don’t spend more than you can afford?
How much did African Americans spend on consumer goods in 2021?
What is $1.6 trillion?
What are the steps involved in making a budget?
What is list your income, list your expenses, set priorities and compute spending ratios for each expense?
How often should you re-evaluate your goals?
What is every 6 months?
How do you annualized a bi-weekly pay cycle?
What is multiply by 26 and divide by 12?