Everfi Budgeting Review Flashcards

Saturday, 6 July 2024

A. before reviewing your wants. D. they should not be included in your is NOT true about unexpected expenses? D. all of the abovedThe envelope method, notebook and pencil, and online software are all methods of _______________. B. put aside fun money in your budget so you're not missing out. D. Budgeting for your loans everfi answers key. buy all of your wants at one budgeting tip(s) would help you stay on track financially? A. they usually don't affect your budget. D. all of the abovea.

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B. may cause you to be unable to pay necessary bills. A. recurring expenses don't need to be planned for because they rarely happen. A. cancel any unused recurring expenses like subscription boxes. D. all of the aboveaAn unanticipated expense that will make it difficult to get by day to day would beEmergency fund spending. Budgeting for your loans everfi answers online. D. all of the abovedWhich of the following is TRUE regarding unexpected expenses? D. none of the of the following is a way to track your spending?

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A. an emergency fund prepares you for unexpected expenses b. an emergency fund keeps you from borrowing money from friends and family c. an emergency fund removes the worry about expenses not in the budget. C. make your own food more often. C. an emergency fund removes the worry about expenses not in the budget. C. they could interfere with your ability to pay your bills. A. spreadsheet budget.

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B. use an app to find the cheapest gas station. D. purchase concert tickets to see your favorite artistaAn unanticipated expense that will make it difficult to get by day-to-day would be a candidate for... a. spending money from your rent envelope. D. they should not be included in your of the following expenses would be a good reason to spend money from an emergency fund? D. All of the above are good reasons to have an emergency of the following is NOT true about emergency funds? B. use most of your budget for entertainment expenses. Which of the following is a benefit of using a budget? B. recurring expenses are expenses that can never be stopped. Tting an extra job so you can have money to cover that can you ensure you don't go over your budget? C. Budgeting and spending everfi. buy new track shoes because they are in style. C. tracking all of the money you spent in a month. Which choice or choices best describes the purpose of an emergency fund? D. purchase concert tickets to see your favorite artistaAn emergency fund should NOT be used for... a. fixing, a blown tire on your car that you use to get to work. D. tracking your spendingdWhich of the following is NOT a good way to track your spending?

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A. an emergency fund prepares you for unexpected expenses. B. they could impact your budget in a negative way. B. entertainment expenses. A. find a friend with similar goals and holds each other accountable. D. all of the abovedCharitable donations, entertainment expenses, and financial goals are all examples of... a. activities that contribute to overspend.

C. a last-minute school trip. D. after your wants but before your needsaWhich of the following statements is TRUE? A. round up your expense estimates to add a buffer. D. none of the abovecWhen setting a budget, you can choose to make room for: a. financial goals. B. after considering entertainment expenses. C. find a friend that enjoys going shopping. B. notebook and pencil. B. they can keep you from borrowing money from friends and family. They do not occur if you have a budget.

B. they should be planned for. A. they are used for anything listed on the budget. C. before looking at your needs.