全球：财务成功预算策略测验

What is one key purpose of creating a budget?

Which type of expense remains relatively constant each month?

Why is it important to differentiate between needs and wants when budgeting?

What should you do if actual expenses consistently exceed your budget?

How can external factors like inflation or economic downturns impact a personal budget?

Budgeting should be a flexible, ongoing process that adapts to changes in financial circumstances.

Categorizing expenses as needs or wants helps ensure that essential expenses are prioritized over discretionary spending.

Please match the word with its definition.

Please match the word with its definition.

Arrange these steps of the budgeting process from first (#1) to last (#4). Available choices: Assess income, Identify expenses, Categorize needs vs wants, Review and adjust budget

Arrange these responses to overspending from most immediate (#1) to longer-term (#4) strategies. Available choices: Cut non-essential expenses, Adjust variable spending, Seek additional income, Reevaluate financial goals

Considering the impact of external factors like inflation or income changes, what is one strategy you could use to keep your budget flexible and why might this be beneficial?