
Personal Budgets LANGE
Authored by Kristi Lange
Social Studies
5th Grade
Used 184+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A budget is a plan for spending and saving money.
True
False
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The goal of a budget is to SPEND more than you SAVE.
True
False
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When a person makes a plan on when to save and spend their money, they are making a....?
Economy
Personal Budget
Market
Competition
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
What do you call the amount of money a person spends on goods and services?
Income
Expenditures
Taxes
Savings
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The money that you receive for mowing the lawn, babysitting or making good grades is called__________.
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
My cousin wanted to borrow $300 from me. I loaned him the money but I told him that he would have to pay me back $330. The money that was paid back to me on top of the loan is known as_________.
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
I have been setting aside $100 a month for my children to have money to go to college. This idea is known as what?
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