Welcome to your “How Well Do You Manage Your Finances? Take the Ultimate Budget Quiz!”
1. What’s the first step in creating a personal budget?
2. What percentage of your income should ideally go to savings?
3. What’s considered a “fixed expense” in budgeting?
4. Which expense is usually considered “variable”?
5. What is an emergency fund used for?
6. What’s the main benefit of using a budget calculator?
7. How many months of expenses should your emergency fund cover?
8. What’s a good way to reduce unnecessary spending?
9. What’s a clear sign that your budget is working?
10. How often should you review your budget?
