Quiz - Budget or Bust - April Parker Academy

1. If your income is $3,000 and your expenses are $3,200, what should you do?

Use credit cards to cover the $200 gap

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Reduce expenses or increase income

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2. Which category does “Netflix subscription” fall into?

Need

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Want

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3. What’s the first step in making a budget?

List your monthly income

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Guess your expenses

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4. In the 50/30/20 rule, what does the “20” stand for?

20% savings/debt payoff

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20% entertainment and fun

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Quiz – Budget or Bust