Understanding Net Worth

Question 1

Take another look at this chart.If you were planning a budget, which amount would you use to record your income?

Revolt · Accepted Answer

$67.50

Question 2

A fixed expense is one for which the amount is , and it should be considered other expenses.

Revolt · Accepted Answer

before

Question 3

A variable expense is one for which the amount is , and it should be considered fixed expenses.

Revolt · Accepted Answer

estimated

Question 4

A variable expense is one for which the amount is , and it should be considered fixed expenses.

Revolt · Accepted Answer

after

Question 5

Discretionary spending is the most budget item and the easiest to change.

Revolt · Accepted Answer

variable

Understanding Net Worth Answers