👋 Hi there!

Please take a few minutes to answer the following questions. This is not a test and you won't receive a grade.
The goal is to help you see where you are now and understand what you already know before and after this course.
Your answers will help guide your learning and see your progress!.

1. What does a budget mainly show?

Only savings goalsA plan for income and expensesPast spending onlyBank account balance

2. Which expense is usually considered a want?

RentFoodTransport to workEntertainment

3. What does tracking expenses mean?

Estimating future incomeWriting down how money is spentSaving money automaticallyBorrowing less money

4. Which income type changes from month to month?

Regular incomeSustainable incomeIrregular incomeFixed income

5. Why is budgeting important?

To avoid workingTo manage money betterTo stop spending completelyTo increase income instantly

6. What should be planned for first in a budget?

Social activitiesLuxury itemsEssentialsGifts

7. What is a good practice when income increases?

Increase all spendingSave part of the extra incomeStop tracking expensesTake unnecessary loans

8. Which action supports long-term financial stability?

Spending without planningIgnoring small costsPlanning and saving regularlyDepending on borrowing

9. What happens if you do not track your spending?

Money becomes easier to manageSavings increase automaticallyIt becomes harder to identify problemsIncome becomes regular

10. Which statement about budgeting is true?

It only works for high-income earnersIt removes all financial risksIt helps plan for both current and future needsIt replaces the need to save