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BO--PF Checking
personal finance
| Question | Answer |
|---|---|
| A sign of crisis living | bounce checks |
| Must have money in bank in order to use | debit card |
| In order to effectively manage money you need a | budget |
| Saving rates in the United States is | negative |
| How long does it take before your budget works effectively | 3 months |
| A budget will not work if you | leave things out |
| If your struggling financially and behind on your bills what should you budget first | food |
| Which term is not associated with balancing a checking account, annual income, withdrawal, deposit, reconcile | annual income |
| What should you do if you over spend in one particular budget category | immediately sit down and adjust another category to make up for the difference |
| What do you use to pay cash for planned monthly expenses | envelope system |
| What is buying without thinking called | impulse purchase |
| Used when you don’t have a predictable monthly income | irregular income form |
| Fee for overdrawing an account | non sufficient |