Budgeting / Saving Flashcards

(2 cards)

1
Q

Name 4 budgeting methods

A
  1. Envelope method
  2. Zero-based budgeting
  3. Pay yourself first
  4. 50/30/20 method (needs/wants/saving)
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2
Q

What is bad debt?

A

Debts for assets that decrease in value
e.g. a car

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