Upgrade to remove ads
Only $35.99/year

TSEM Chapter 13

Terms in this set (10)

Which of the following is NOT one of the four steps to creating a budget?
Use a credit card to keep track of your spending.
If you stay focused and flexible, your budget will _______________.
lead to financial stability and independence
Once you are provided financial aid at a college, you will _______________.
be expected to follow strict guidelines for maintaining your aid
Which of the following statements expresses the importance of having a budget in college?
It helps you become more realistic about your finances
A fixed expense is one that _______________.
will remains the same each time you pay it
The most productive investment you can make for your future is in _______________.
your education
The first step of creating a budget is to _______________.
gather basic financial information
A variable expense is one that _______________.
may change each time you pay it
The amount of financial aid you receive will depend upon how _______________.
much it costs to attend the college of your choice and what your family can pay
When using your budget plan, you should do a test run that lasts ____________ before making adjustments to your budget.
two weeks
Other sets by this creator