Consumer education and money management

Question 1 of 10

A family earns GH¢3,000 a month and spends 30% on food. Its monthly food budget is

Question 2 of 10

Income received regularly, such as a monthly salary, is

Question 3 of 10

Income that a family can spend after taxes is

Question 4 of 10

Money left after taxes and deductions is

Question 5 of 10

A budget is

Question 6 of 10

Buying goods on impulse without planning is

Question 7 of 10

A written promise by a manufacturer to repair or replace faulty goods is a

Question 8 of 10

Income GH¢2,000; fixed expenses GH¢1,200; savings target 10% of income. The amount left for flexible spending is

Question 9 of 10

A plan for spending and saving income is a

Question 10 of 10

Hire purchase is often more expensive than cash buying because of