Budgeting 101

Budgeting 101

7th - 12th Grade

20 Qs

quiz-placeholder

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Budgeting 101

Budgeting 101

Assessment

Quiz

Mathematics, Special Education, Life Skills

7th - 12th Grade

Medium

CCSS
7.RP.A.3, 6.RP.A.3C, HSA.CED.A.3

+8

Standards-aligned

Created by

Wendy Rogotzke

Used 265+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Any money you receive such as an allowance or paycheck

Income

Fixed Expense

Opportunity Cost

Emergency Fund

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A predictable amount of money spent to buy something or do something that is the exact same amount every time

Variable Expense

Income

Emergency Fund

Fixed Expense

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Setting aside money to have on hand for unexpected expenses and events

Income

Emergency Fund

Variable Expense

Cash Flow

Tags

CCSS.HSA.CED.A.3

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Detailed plan of how you are going to use your money to pay for things you want and need.

Budget

Income

Periodic Expenses

Cash Flow

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Payment that costs a different amount each time

Fixed Expense

Periodic Expense

Variable Expense

Income

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Payments that arise periodically throughout the year less than once a month

Variable Expesne

Fixed Expense

Periodic Expense

Income

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What you spend money on

Income

Expense

Emergency Fund

Cash Flow

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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