Lesson 1
plan for how you spend your money.
What is a budget
The first component of a budget
What is income
A zero-based budget is when your income minus your giving, saving, and spending equals
What is Zero
After you make a budget, you need to
What is track your budget
Maturity is the ability
What is to delay gratification.
Personal finance is?
What is 20% head knowledge and 80% behavior?
The second component
What is giving
shelter, utilities, transportation, and food.
What is Four walls
Keeping track of your expenses will help you
What is adjust to your budget
If you work mostly odd jobs or you have a part-time job and the number of hours you work varies from week to week
What is an Irregular income
The first money principle
What is having a budget?
The third component
A zero-based budget does not mean zero dollars in your
What is Checking account
A budget is never going to be
What is perfect
Many Americans are self-employed or work in sales on straight
What is commission
Biggest money building tool
What is your income
The fourth component
What is spending
The best kind of budget
What is a Zero Based budget
One of the best ways to track your expenses
What is the envelope system
What is how much money you make and where it goes
Nearly ____ of students who complete a personal finance course create a monthly budget for their money
What is 80%
Your income, savings, and giving can also have
What is categories
Make sure you have a
What is a miscellaneous budget
When you use ____, you end up spending less.
What is cash?
Budgeting when you have an irregular income starts with
What is your expenses