Ramsey Chapter 2

Ramsey Chapter 2

9th - 12th Grade

26 Qs

quiz-placeholder

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Ramsey Chapter 2

Ramsey Chapter 2

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Easy

Created by

Brian Begley

Used 15+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Although the majority of Americans think budgeting is important, about______ of Americans actually use a budget.

75%

50%

35%

23%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a component of a budget?

Giving

Saving

Income

Credit Score

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the Four Walls?​

Food, Shelter, Cell Phone, College Fund

Food, Transportation, College Fund, Cell Phone

Food, Shelter, Transportation, Utilities

Food, Transportation, Shelter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Online budgeting apps are more effective than budgeting with pen and paper.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many categories should you have in your budget?

15 or more

No more than 10

At least 3

No limit; use as many as you need to keep your budget accurate!

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often should you create a budget?

Daily

Weekly

Monthly

Yearly

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does a budget show you?

How much money you plan to come in and go out during the month

How much you need to save

How much money you need to earn

How much money you spent last month

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