Credit/Budget quiz
How long should you keep your tax records
3 years
Which of the following is not a source of income
Alimony
How many years do you have to work in order to achieve Social security benefits
At least 10 years
Which of the following would be considered a fixed expense
Car payments
Which of the following may be used as a budgeting plan
Family budgeting night
Which of the following is not a tax credit
Federal taxes on possessions
To prepare a budget you should
Gather your financial paperwork, calculate your income, create a list of monthly expenses, determine fixed and variable expenses, total your monthly income and expenses, and make adjustments to expenses
Which loans should you pay off first
Pay own debts based on interest rate
Social security covers all of the following except
Workers with too few social security credits
Gross income is
the total amount of income from wages before any payroll deductions