Capítulo 5: Questionário sobre orçamento e gerenciamento de despesas

Which of the following budgeting methods involves allocating cash into physical envelopes for specific categories?

In the 50/30/20 budget rule, what percentage of income should be allocated to savings or debt paydown?

What is the primary purpose of an emergency fund?

A zero-based budget ensures that every dollar earned is assigned a specific purpose.

Discretionary expenses are costs required for basic living and functioning in daily life.

Definition

Definition

Arrange these budgeting steps in the correct order: Track income, List expenses, Allocate funds, Review and adjust. (put the first step at the top)

Rank the following expenses from most essential to least essential: Housing, Entertainment, Groceries, Transportation. (put the most essential at the top)

How can regularly reviewing and adjusting your budget help in achieving your financial goals?