
Budget
Authored by Sheila Sampson
Other
11th Grade
Used 6+ times

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30 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Examples of a fixed expense:
Rent/Mortgage
Car payment
Childcare
Loan payment
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Why should you have a budget?
Help you save money
Allow you to have control of where you want your money to go
Reach financial stability and achieve your goals
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one way to sabotage your budgeting goals?
Spend less on clothing
Work more hours at your current job or take on a side hustle
Keep using your credit card without paying off the balance
Cancel a subscription service
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Considered the best strategy for building wealth:
Zero-Based Budget
50/30/20 Method
Pay Yourself First
Envelope System
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Making a purchase based on an immediate want or due to the pressure of advertising is considered Impulse Buying.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Marie wants to decrease the amount of money she spends on food. Which of the following will help her?
Going to the grocery store with a list
Going to the grocery store whenever she needs one or two items
Deciding what she will have for lunch/dinner that same day
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenses that vary from month to month, such as entertainment, car repairs, or doctor bills.
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