Budget Life Skills
Authored by Brian McClure.ESS
Life Skills
9th - 12th Grade
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you get money, what is it called?
Income
Expenses
Budget
Debt
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A fixed expense is?
An expense that changes from month to month
An expense that is a want and not a need
An expense that does not change from month to month
An expense that is a need and not a want
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget used for?
To track your income and expenses
To track your wants and needs
To track how much money to save
To track your credit card debt
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a flexible expense?
AN expense that does not change from month to month
An expense that changes from month to month
An expense that is a need and not a want
An expense that is a want and not a need
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a discretionary expense?
An expense that does not change from month to month
An expense that changes from month to month
An expense that is a need and not a want
An expense that is a want and not a need.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A budget is a good way to help track the amount of money you can save?
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A balanced budget is?
A budget that the income equals the expenses
A budget that the income is greater than the expenses
A budget that the income is less than the expenses
A budget that the savings increases from month to month.
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