
Budget
Authored by Jodi Witt
Life Skills
11th Grade
Used 1+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A budget is ___________.
a list of what to buy at a store
a plan for managing your money. It compares how much you earn (make) to how much you spend
is things you shouldn't do
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A budget _________________________.
Lets you know how much money you have and where it's going
lets you know what's for dinner
is something babies understand
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The goal of a budget is _________________.
to spend more than you make
to spend less than you make
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you want something you should ALWAYS get it.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Income is all the money you earn (make) over a period of time. Usually a month.
True
False
6.
MULTIPLE SELECT QUESTION
1 min • 1 pt
The income of an adult is the money they get for working. The income of a child could be ____________. Check all that apply.
an allowance (money your parents give you weekly or for chores)
the money your friends or family give you as gifts
fake monopoly money (toy)
7.
MULTIPLE SELECT QUESTION
1 min • 1 pt
There are two types of expenses. They are ____________ and _______________. Choose two.
Essential Expenses (things that you need)
iReady expenses
Non-Essential Expenses (things you don't need but spend money on anyways)
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