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Budget Quiz

Authored by Arielle Ayala

Social Studies

1st - 5th Grade

Used 2+ times

Budget Quiz
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6 questions

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1.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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

spending

saving

a budget

an outline

2.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

"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

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

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

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