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Level 4. Budgeting Knowledge Check

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Have you mastered the skill of budgeting? Put your knowledge to the test!

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Level 4. Budgeting Knowledge Check
 

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Level 4. Budgeting Knowledge CheckOnline version

Have you mastered the skill of budgeting? Put your knowledge to the test!

by WM
1

A is a plan for how you will spend and save your money .

2

If you spend more money than you earn , you have a budget .

3

The system uses cash divided into categories to control spending .

4

Assigning every dollar of income a specific purpose is called a - budget .

5

You set a $100 limit for entertainment , and after spending $90 , you realize you're approaching your spending .

6

After receiving her paycheck , Maya decides how much money will go toward food , gas , entertainment , and savings . This process is called money .

7

Money left over after all expenses are paid is called a budget .

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