Budgeting Bootcamp Quiz 5:
Check Your Understanding: Put it into Practice

Check Your Understanding: Put it into Practice
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1) If you can’t pay all of your bills, pay your credit cards first.
Correct Answer: False
2) Why might it be a good idea to use cash instead of plastic?
Correct Answer: Research shows we spend more with credit than with debit and more with debit than with cash.
3) How often should you plug paid bills into your budget?
Correct Answer: As you pay them, so you have a visual reminder that they’ve been paid.
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SECTION 1: Getting Started
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SECTION 2: The Budgeting Equation
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SECTION 3: Creating a Budget That Works for You