Dave Ramsey: Chapter 3 Questions and Answers 100% Pass

Dave Ramsey: Chapter 3 Questions and Answers 100% Pass what is a consequence of overdrawing your checking account - Answer️️ -overdraft fee, stress, bounced check a written budget, if followed, removes what from your finances - Answer️️ -guilt, management by crisis, overspending percentage of american living paycheck to paycheck - Answer️️ -70% The zero-based budget is the best method of budgeting because - Answer️️ -ensures that every dollar you make is assigned a specific purpose what is not a record-keeping feature you could expect from your bank - Answer️️ - Customer service reconciles your account for you Doing a budget does not - Answer️️ -Make overspending more likely Your monthly budget should include - Answer️️ -fixed, discretionary, and variable expenses Which of the following statements is false A. The cash flow statement is reflective of what has already taken place. Incorrect B. A budget is meant to summarize the saving and spending that has taken place over the past year. C. A cash flow statement summarizes all of the income and outgo (spending) over a certain time period