
Budgeting Review
Authored by Emily Robbins
Social Studies
10th Grade
Used 6+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pay Yourself first means...
putting away part of your paycheck to shop
saving your money if you get a bonus at work
putting away part of your student loan debts
putting away part of your paycheck for savings
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
I save 10% of my salary, and I make $100,000/year. How much will I have saved in 6 months?
$1,000
$5,000
$10,000
$20,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these monthly expenses could I easily reduce?
Eating out
Car payment
Rent
Utilities
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you have a budget deficit, then you...
Have money saved
Your revenue is higher than your spending
You spend more than you have
You will not overdraft from your account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is NOT a cost of owning a car?
Loan payment
Maintenance
Gas
Renter's Insurance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net pay is your...
Income before taxes are taken out
Your income that you take home after taxes
Your income before state and local taxes
Your income before 401k and HSA
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If I have $600 left over in my budget that I have not spent, then I have a...
$600 surplus
$600 deficit
$600 balanced budget
$600 debt
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