Personal finance II - JSS3 Business studies Past Questions and Answers - page 1

Spending money

Investing money

Borrowing money

By maximizing their income

By minimizing their expenses

By maximizing their satisfaction with limited resources

By following trends

A ranking of income sources

A ranking of expenses

A ranking of savings goals

To increase income

To prioritize financial goals and decisions

To follow trends

To increase spending

To decrease income

To track spending and manage finances

To ignore financial goals

Spend more money

Save less money

Track income and expenses

Ignore financial goals

Daily

Weekly

Monthly

Annually

Expenses that change frequently

Savings goals

Expenses that remain constant

Income sources

Expenses that remain constant

Expenses that change frequently

Income sources

Savings goals

Spending less than income

Spending more than income

Saving more than income

Saving less than income