0 of 6 Questions completed
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
0 of 6 Questions answered correctly
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
How do we calculate our net cash flow?CorrectIncorrect
What are the steps to creating a budget?
Write it down and check your budget at least once a month
Evaluate and adjust your income and expenses so it balances to zero
Find your net cash flow by adding up your income and subtracting your expenses from it
List all your income and expenses.
What should you do if your net cash flow is negative?CorrectIncorrect
What should you do if your net cash flow is positive?CorrectIncorrect
Match each term to the correct definition
- Any expense that does not change from month to month
- Expenses that are in our control and can change over time
- Costs that come up throughout the year
Match each expense to the correct category
- Utility Bill, Mortgage
- Buying coffee, Gas for your car
- Vacation, Repairing your sink, School tuition fees