
Saving and budgeting
Authored by Vaughan Smith
Business
9th Grade
Used 3+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
A plan for wants and needs
A plan for income and expenses from the past
A plan for income and expenses for the future
A cheap product
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If have a budget of $50/week for petrol and then I overspend over several weeks...
I can keep overspending without any worries
I should look for another area to overspend in also
I should look for an area to save in
I should take less hours to save on petrol
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Non-essential spending could be
Takeaways
Internet
Food
Clothes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If I have a job paying $52,000 per year
It works out to be $1,000 gross per week
It works out to be $1,000 net per week
It works out to be $1,000 per week after tax
It works out to be $1,000 per week after paye, acc and kiwisaver
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do our taxes NOT get spent on?
Roading
Teachers
Police Officers
School uniforms
Hospitals
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does financial literacy mean?
I cant read money well
I can manage money by earning and spending wisely
Reading and writing financial plans
I can write accounting terms
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If I earn income of $52,000 per year and it pushes me into the 30% tax bracket
I pay tax at 30% of all of my income
I only pay 30% tax over the $48,000 bracket
Im going to look for a lower paying job to get into the lower tax bracket
I petition the government to lower tax rates
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