Personal Budget

Personal Budget

5th Grade

10 Qs

quiz-placeholder

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Personal Budget

Personal Budget

Assessment

Quiz

Social Studies

5th Grade

Hard

CCSS
5.NBT.A.3B

Standards-aligned

Created by

Julie Weida

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

What is income?

The amount you spend

The amount you don't save

Money taken in

Tags

CCSS.5.NBT.A.3B

2.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

What is variable expense?

The amount of money you spend

The amount of money you save

An expense that costs different amounts every month

The variable in math

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What are stocks?

sharing something

An ownership share in a company

A graph with pointy arrows that are red and green

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The expenses section of a personal budget

should be larger than the income section of the budget.

shows the amount of money that is spent each month.

includes the amount of interest earned on investments.

is not important if income is greater than expenses.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People keep a personal budget to help them

set and reach financial goals.

earn promotions at work.

buy with credit.

buy anything they want.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is NOT a reason that people usually save money?

to buy special things for the future

to have money for emergencies

to make a payment on an expensive item

to buy basic necessities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A budget is a list of

income and expenditures

things to buy

how much to save

needs and wants

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