Budgeting

Budgeting

Assessment

Flashcard

Life Skills

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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18 questions

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1.

FLASHCARD QUESTION

Front

Example of an irregular gift: full time job, part time job, graduation gift, a one time baby sitting job

Back

a one time baby sitting job

2.

FLASHCARD QUESTION

Front

An example of flexible expense is: mortgage payment, car payment, groceries, cable bill

Back

groceries

3.

FLASHCARD QUESTION

Front

Generally budgets are created for a ______

Back

month

4.

FLASHCARD QUESTION

Front

Wants

Back

Things or items that a person would like to own or purchase that is not necessary for life; Ex. entertainment, video games, etc.

5.

FLASHCARD QUESTION

Front

Budget

Back

Is a spending plan for managing your money that includes income and expenses

6.

FLASHCARD QUESTION

Front

Total monthly income

Back

Income from all possible sources.

7.

FLASHCARD QUESTION

Front

Needs

Back

Necessary items that are paid monthly./yearly such as food, housing, transportation, utilities, & Insurance

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