Budgeting Math

Budgeting Math

Assessment

Flashcard

Specialty

6th - 8th Grade

Hard

Created by

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FREE Resource

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9 questions

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1.

FLASHCARD QUESTION

Front

If you have a total income of $5000 and total expenses of $3700, what is your final balance?

Back

$1300

2.

FLASHCARD QUESTION

Front

If you spend $250 on groceries, $80 on gas, $70 on clothes, and $90 on other expenses, what are your total expenses?

Back

$490

3.

FLASHCARD QUESTION

Front

What are Jim's total expenses if he spends $400 on groceries, $1300 on childcare, $1100 on house payment, $150 on gas and travel, and $400 on other expenses?

Back

$3350

4.

FLASHCARD QUESTION

Front

How much of his Christmas budget will Toby have left after spending $275 on a new tv, $150 on video games, $50 on new clothes for his daughter, and $50 on stocking stuffers?

Back

$25

5.

FLASHCARD QUESTION

Front

What is net pay?

Back

The money that you earn after taking out deductions.

6.

FLASHCARD QUESTION

Front

What is INCOME?

Back

Money that comes in or is earned.

7.

FLASHCARD QUESTION

Front

A financial plan is called a

Back

budget

8.

FLASHCARD QUESTION

Front

What is the total amount budgeted for expenses?

Back

$2,000

9.

FLASHCARD QUESTION

Front

How much income is received every week?

Back

$45