Budget Quiz

A plan for how we use and spend our money is called...

• spending

• saving

• a budget

• an outline

What type of goals do people set when they create a budget?

• buying and selling goals

• short-term and long-term goals

• selling and long-term goals

• indoor and outdoor spending goals

"A budget shows your plan for how much money you want to save." This means that a budget can help you...

• save money

• work harder

• start a business

• spend at the mall

What is the word that means knowing how much money you have or expect to have and knowing how to use it?

• mismanageing

• spending

• budgeting

• buying

What is the first thing you need to know when you set a budget?

• How much money you have to spend

• how much something costs

• how much money to share

• how to get money

What may happen if you don't budget your money?

• you may not get a job

• you may not know how much something will cost

• you may spend all your money on something you don't need while still needing something else

• you will be able to get money in the future