Budgeting

An expense that is constant each month is called a __________ expense.

In order to stay on track for long term financial goals, money for emergency spending should be taken first from your

Paying for transportation to and from work is an example of

From what part of income should someone take savings?

To change gross income, someone would need to

Why might variable expenses change a great deal at different times of year?

Which is the best way to achieve long-term financial goals?

In this budget, how much money is going toward optional expenses? (Discretionary spending)

To create a balanced budget, one must make sure to

Which is an example of an income deduction?

When a person invests income, he or she

A short-term financial goal might include saving for

Why is net income lower than gross income?

When creating a budget, log fixed expenses