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Budgeting Review

Authored by Brigette Conklin

Other

8th Grade

Used 1+ times

Budgeting Review
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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is one purpose of budgeting?

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2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are two things you should budget? (select all that apply)

Your income

Your goals

Your spending

Your job

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following represents the 50/20/30 rule for budgeting?

50% Needs, 30% Wants, 20% Savings

30% Wants, 50% Savings, 20% Needs

50% Savings, 30% Needs, 20% Wants

20% Needs, 50% Wants, 30% Savings

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following are needs?

Food

Video Games

Clothing

Air Fryer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rent, electricity, gas, phone, groceries are examples of costs which are called what?

Income

Expenses

Wants

Taxes

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