Bible Verses
Budget
Fixed Expenses
Variable Expenses
Miscellaneous
100

"Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.”  What is the theme of this verse?

save consistently

100

Income should be ________ than expenses.

more

100

True or False:  Renting is like throwing money away every month.

False - not necessarily, it depends on your situation

100

When it comes to resources, we are supposed to be __________   _____________.

When it comes to resources, we are supposed to be faithful stewards.

100

Who owns everything?

God

200

John 16:33 “I have told you these things, so that in me you may have peace. In this _______ you will have trouble. But take heart! I have overcome the ________.”

John 16:33 “I have told you these things, so that in me you may have peace. In this world you will have trouble. But take heart! I have overcome the world.”

200

What should be the first category included in expenses?

Giving or Tithing

200

God loves a ________________ giver.

God loves a cheerful giver.

200

Why are grocery stores laid out in a fairly common way?

To keep you in the store longer and try to get you to buy more things.

200

What does "bundling" mean when it comes to insurance?

Insurers will offer discounts to consumers for “bundling” or purchasing several types of insurance (TOIs) from the same company, such as homeowners and auto insurance.

300

18 Behold, what I have seen to be good and fitting is to eat and drink and find enjoyment in all the ____ with which one ______ under the sun the few days of his life that God has given him, for this is his lot. 19 Everyone also to whom God has given wealth and possessions and power to enjoy them, and to accept his lot and rejoice in his _____—this is the gift of God."  Ecclesiastes 5:18-19

18 Behold, what I have seen to be good and fitting is to eat and drink and find enjoyment in all the toil with which one toils under the sun the few days of his life that God has given him, for this is his lot. 19 Everyone also to whom God has given wealth and possessions and power to enjoy them, and to accept his lot and rejoice in his toil—this is the gift of God."  Ecclesiastes 5:18-19

300

Name 1 active form of income and 1 passive form of income.

Active - Wages, salary, commission, bonus, hourly pay 

Passive - dividends, interest, capital gains, rental, online products 

300

What are 3 things you should do before any big purchase or large life decision?

Pray, research, seek counsel

300

Name 5 things you are going to have to purchase if you decide to buy a cat or dog.

buy the pet, spaying/neutering, vaccines, rabies, microchip, licensing, training, pet supplies:  crate, bowls, leash, toys, brush, litterbox, litter, puppy pads, food,pet insurance

300

Name 3 reasons you should purchase car insurance.

Required by state, pay for repairs, pay for medical bills, pay for other driver

400

"17 As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of ________, but on God, who ______ provides us with everything to enjoy. 18 They are to do good, to be _______ in good works, to be generous and ready to share, 19 thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life."  1 Timothy 6:17-19

"17 As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. 18 They are to do good, to be rich in good works, to be generous and ready to share, 19 thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life."  1 Timothy 6:17-19

400

Name the 4 general categories of income.

Active, passive, business, miscellaneous

400

Mortgage payments are typically made up of four components.  Name 3.

Mortgage payment_____ - typically made up of four components: principal, interest, taxes and insurance

400

True or false:  Debt is a sin.

False.  Debt is always discouraged in the Bible and many of the actions surround debt are sins, but debt is not a sin.

400

What types of things affect the cost of your car insurance premium?  Name at least 4.

  • Age - younger people tend to be in more accidents
  • Gender -males take more risk
  • The state you live in
  • Your driving record
  • Credit score
  • Claim history
  • How far you drive on average
  • Type of car you drive
  • The types of coverage you choose
500

Proverbs 3:9-10 "Honor the LORD with your wealth and with the _______   _________ of all your produce; then your barns will be filled with plenty, and your vats will be bursting with wine.”

Proverbs 3:9-10  "Honor the LORD with your wealth and with the first fruits of all your produce; then your barns will be filled with plenty, and your vats will be bursting with wine.”

500

Name 5 possible benefits that a company might offer you if you are hired? (there are more than 5)

vacation, health insurance, dental insurance, vision care, fitness membership or facility, sick pay/personal leave days, childcare, retirement, life insurance

500

What is one recommendation that I think is so important about where you chose to live?

Live in community near your friends, family, or church 

500

What % of your income should your clothing budget be? (according to wise counsel, not the Bible)

What % should your clothing budget be?  2-5 % of income

500

You have to get somewhere.  What are your options?  Name 10.

You have to get somewhere.  What are your options?

walk, scooter, bike, drive, Uber

local transportation (bus, cab, subway, train)

ask a friend for a ride, rent a car, fly, boat