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Budget Quiz

Authored by Colleen Gallagher

8th Grade

Used 22+ times

Budget Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Short-term goals...

can be accomplished tomorrow
take 3-12 months to reach
are categorized by needs and wants
are for adults only

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Long-term goals...

have a lot of words in them
are for big things you want to buy
are plans that take more than a year to accomplish
are a way to budget

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Your take-home pay is...

Gross monthly income
Net monthly income
Gross annual income
Net annual income

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Of all the choices, which one should you budget for first?

Groceries

Entertainment

Scrunchies

Cell Phone bill

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Adults spend the biggest amount of their budget on...

Food
Transportation
Housing
Education

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Teens spend the biggest amount of their budget on...

Transportation
Education
Rent
Clothing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After paying for your needs, you are left with...

expenses

discretionary funds

Utilities

budget

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