Unless you have a large family and/or a ton of close friends, one should not list Birthdays in the giving section of their budget.

No idea - my teacher didn't talk about this in class.

The 4 walls talked about in this lesson refer to ...

food, shelter, utilities and transportation.

income, giving, saving and spending.

the stability of your home based on a good foundation.

having an emergency fund, eliminating debt, saving for a car, and saving for college.

Giving every dollar a name or a job is important because ...

it puts you in control of your money and gives you a plan to win.

you will go into debt, guaranteed, if you don't.

everybody will make poor decisions if they don't.

if you don't "name it", you won't be able to "claim it".

When you give every dollar a job to do in your budget, ...

you are making sure all your bills are going to be covered

you will have enough set aside for essential shopping

you will be intentional about saving for important future items

you will be able to give generously

Tracking your expenses for a few months will specifically help you to ...

prioritize your spending well as your spending changes month to month.

eat out as often as you'd like.

keep track of the changes in your fixed expenses.

understand the basic benefits of a budget.

The envelope system of tracking your expenses uses envelopes to ...

set limits on your cash in categories you tend to overspend on.

mail your bills directly to their fiduciaries.

save your money for future events

replace the cash-flow system found at a bank.

Quiz 2.1 - 2.4

Quiz

•

Mathematics

•

12th Grade

•

Practice Problem

•

Medium

•

CCSS

RI.11-12.3, RL.8.1, 6.SP.A.2

+19

Standards-aligned

Ron Imbesi

Used 35+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A budget is ...

a written plan for giving, saving, and spending your money.

a hope for giving, saving, and spending your money.

a wish for giving, saving, and spending your money.

a written estimate for giving, saving, and spending your money.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A good budget ...

breaks down your income and spending into specific categories so you know exactly where your money comes from and where you plan to spend it.

breaks down only your spending into specific categories so you know exactly where your money comes from and where you plan to spend it.

breaks down only your income into specific categories so you know exactly where your money comes from and where you plan to spend it.

breaks down only your expenditures into specific categories so you know exactly where your money comes from and where you plan to spend it.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Did you know that students who have taken a personal finance course report higher confidence than students who did not when it comes to ...

budgeting.

investing.

saving.

budgeting, investing & saving.

investing and saving only.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Only ___ % of Americans budget.

25

30

35

40

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__ % of Americans say budgeting is important.

65

75

85

95

Tags

CCSS.6.SP.A.2

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

___________ of all Americans say their personal debt level creates stress and makes them anxious.

Nearly half

More than half

Two-thirds

Three-quarters

Tags

CCSS.RL.11-12.6

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The first component of a budget is ...

income.

giving.

saving.

spending.

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

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Quiz 2.1 - 2.4

20 questions

A budget is ...

A good budget ...

Did you know that students who have taken a personal finance course report higher confidence than students who did not when it comes to ...

Only ___ % of Americans budget.

__ % of Americans say budgeting is important.

___________ of all Americans say their personal debt level creates stress and makes them anxious.

The first component of a budget is ...

Unless you have a large family and/or a ton of close friends, one should not list Birthdays in the giving section of their budget.

The 4 walls talked about in this lesson refer to ...

Buying groceries is considered a(n) ___________ expense.

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