Question

In what way is a kid's budget similar to an adult's budget?
A.The goal for both is to have less money going out than coming in.
B.Both have about the same ratio of income and expenses.
C.People can save money with both by earning less than you spend
D.Both adults and kids tend to spend their money on the same items
A?

If your income is $20 per month,how much should you spend each month to stay on budget?
A.Exactly $20
B.Between $10 and $30
C.Nothing
D.$20 or less
D?

The key to keeping a budget is to spend your money prudently.What is the best synonym for "prudently"?
A.Stingily
B.Wisely
C.Extravagantly
D.Thoughtlessly
B?

Which of the following is an example of a fixed expense?
A.Library card
B.Medicine
C.Shoes
D.Movie ticket
I think it's B or C.

If you were in charge of buying milk for a family of five,but not everyone has breakfast at home every day,what kind of expense would the milk be?
A.Fixed essential
B.Variable essential
C.Non-essential
D.Non-variable
B?

Answer 1

Actually for Which of the following is an example of a fixed expense?
A.Library card
B.Medicine
C.Shoes
D.Movie ticket
I think it's A

Answer 2

I think the fixed expense is B because it's a necessity.

I agree with the rest of your answers.

Answer 3

Ok THanks

Answer 4

You're welcome.