01
.
Video
02
.
Test
Budget Course
Next
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
01
.
Video
02
.
Test
Budget Course
Name
Location
Please select
Admin
Abilene - DSU
Abilene - N 1st
Abilene - Pine
Abilene - Ridgemont
Clyde
Eastland
Sweetwater
Brady
Brownwood
San Angelo - College Hills
San Angelo - Sherwood
Big Spring
Odessa
Mid. 250
Mid. Illinois
Please select
1. A budget takes into account income and expenses to estimate your finances in a given period of time.
Please select
True
False
Please select
2. Net pay is the same as disposable income, which is the money you have left over after you pay federal, state, and other taxes.
Please select
True
False
Please select
3. Emergency funds is money saved to cover "want" expenses.
Please select
True
False
Please select
4. The first step of creating a budget is to figure out where your money is going right now.
Please select
True
False
Please select
5. A positive balance on your completed budget worksheet is a great thing.
Please select
True
False
Please select
6. A negative balance on your completed budget worksheet means you get to spend that money on whatever you want.
Please select
True
False
Please select
7. Evaluating and amending your expenses is a one-time exercise.
Please select
True
False
Please select
8. 30% of your income to spend on your "wants" is a good general guideline.
Please select
True
False
Please select
9. You need to revise your budget anytime your income or regular expenses change.
Please select
True
False
Please select
10. A completed working budget will allow you to focus on other important aspects of your life.
Please select
True
False
Please select
Verification
SUBMIT TEST
Please wait...
Previous
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20