"Budgets" BrainPop Quizizz

Which two things does a budget compare?

• Saving and Interest

• Income and Expenses

• Income and Investments

• Money in your Piggy Bank

True or False: Budgets allow people to track how and where their money is spent

• True

• False

In what way is a kid's budget similar to an adult's budget?

• Adults and kids spend their money on the same things

• The goal for adults and kids have more money coming in than going out

• People can save money by spending more money than they make

If your income is $20 per month, how much should you spend each month to stay on budget? Choose the best answer.

• Exactly $20

• Between $10 and $30

• Nothing

• $20 or Less

The key to keeping a budget is to spend your money prudently. What is the best synonym for "prudently?"

• Wisely

• Carelessly

• Extravagantly

• Foolishly

Which of the following is an example of a fixed expense?

• 
• 
• 
• 

What can you infer (conclude) from Tim's practice of saving receipts?

• Knowing how much you spend helps you make an accurate budget

• The more receipts you have the more money you make

• Saving receipts is a fun hobby, but does not help you make and keep a budget

What is one consequence of going into bankruptcy?

• Losing your ability to keep your job

• Never being able to make a budget in the future

• Possibly having your possessions taken away

• Going to jail