Budgeting Review

Budgeting Review

10th Grade

15 Qs

quiz-placeholder

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Budgeting Review

Budgeting Review

Assessment

Quiz

Social Studies

10th Grade

Easy

Created by

Emily Robbins

Used 6+ times

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15 questions

Show all answers

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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