chapter 3
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | The price at which property could be sold
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show | Documents that provide information about your current financial position and present a summary of your income and spending
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Surplus | show 🗑
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show | The difference between the amount you own and the debts you owe. This also goes up when you pay off previous debts.
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show | The situation that occurs if a person spends more money than he or she receives.
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show | The method of planning how to get the most from you money
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Current liability | show 🗑
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Liquid assets | show 🗑
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show | The money left over after essentials are paid for.
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show | A small, secure storage compartment that can be rented in a bank- can sometimes cost $100 to rent.
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show | This shows important feedback on your incomes and spending patterns.
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show | An example of this would be taxes.
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show | An example of this would be an electric bill
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show | This is the first step in planning a budget.
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show | TRUE
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show | TRUE
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show | TRUE
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A telephone bill is a liability. | show 🗑
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show | TRUE
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Real estate is an example of a liquid asset. | show 🗑
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show | FALSE
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show | TRUE
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show | TRUE
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You should include bonuses you might get at work when you estimate your income. | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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