Budgeting Vocabulary
3 years ago
jmatic45
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18 QuestionsShow answers
  • Question 1
    30 seconds
    Q. ________ is an amount of money spent to buy goods and services for yourself or business
    answer choices
    Debt
    overdraft
    needs
    expense
  • Question 2
    30 seconds
    Q. _____ is something owed to another-- an obligation to pay
    answer choices
    income
    debt
    goal
    money
  • Question 3
    30 seconds
    Q. something you identify and work on to achieve
    answer choices
    needs
    money
    goal
    wants
  • Question 4
    30 seconds
    Q. A safe place that holds your money for when you need it
    answer choices
    checkbook
    budget
    bank
    deposit
  • Question 5
    30 seconds
    Q. Things necessary to live
    answer choices
    wants
    goals
    needs
    money
  • Question 6
    30 seconds
    Q. Money earned through employment and investments
    answer choices
    budget
    expense
    income
    debt
  • Question 7
    30 seconds
    Q. Pretty much everything you need, want or do requires what
    answer choices
    time
    needs
    money
    budget
  • Question 8
    30 seconds
    Q. when you take money out of your bank account
    answer choices
    deposit
    balance
    withdrawal
    checkbook
  • Question 9
    30 seconds
    Q. The record where you keep track of your money
    answer choices
    budget
    account
    checkbook
    deposit
  • Question 10
    30 seconds
    Q. Is a spending plan for managing money during a given period of time
    answer choices
    debt
    expense
    budget
    fixed expense
  • Question 11
    30 seconds
    Q. Occurs when you spend more money than you actually have
    answer choices
    withdrawal
    income
    overdraft
    goal
  • Question 12
    30 seconds
    Q. when you put money in the bank you are making a 
    answer choices
    withdrawal
    debt
    deposit
    income
  • Question 13
    30 seconds
    Q. Things you would like to have are called
    answer choices
    needs
    expenses
    wants
    budgets
  • Question 14
    30 seconds
    Q. The amount of money you have available in your account to spend
    answer choices
    deposit
    debt
    balance
    withdrawal
  • Question 15
    120 seconds
    Q. is the process of using a financial plan to control your money
    answer choices
    income
    budget
    money management
    expenses
  • Question 16
    120 seconds
    Q. Money that is earned through a job.
    answer choices
    Interest
    Income
    Expense
  • Question 17
    30 seconds
    Q. Which of the following is NOT a need?
    answer choices
    Food
    Clothes
    Netflix
    Shelther
  • Question 18
    30 seconds
    Q. A _____ is used to add funds to a bank account
    answer choices
    deposit slip
    signature card
    check
    check register
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