1) A Budget is a spending plan a) True b) False 2) A _________________________ is a spending plan. a) Budget b) Wallet 3) Expenses is the money ________________. a) Out b) IN 4) _______________________ is the money that you spend or give away. a) Expenses b) Wallet 5) Expenses include the things that we need and or want. a) True b) False 6) Budgeting is balancing your expenses with your income. a) True b) False 7) Budgeting allows you to be ________________ of your expenses. a) Accountable b) Arrested 8) If you do not have enough money then you cannot buy what you want. a) True b) False 9) Income is the money ___________. a) In b) Out

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