why should you budget? Flashcards
1
Q
what is a budget?
A
a way to keep track of your money
2
Q
a budget summarizes what?
A
your income and expenses over a certain period of time
3
Q
the budget tells you what?
A
how much money you have, how much money you need and what you spend your money on
4
Q
why should you budget?
A
you can be more aware of what you spend you money on
5
Q
if you budget, you can pay ____ on time and avoid late ____
A
- bills
- fees
6
Q
when you budget, it is easier to reduce or pay off your ____
A
debt
7
Q
budgeting can help you save for _____ and _____ _____ _____
A
medium and long term goals
