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Budgeting

Authored by Alicia Dale

Life Skills

9th - 12th Grade

Used 2+ times

Budgeting
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15 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

What is the purpose of a budget?

A budget allows you to go to the movies and buy popcorn.

A budget allows you Mom & Dad to save money for you.

A budget allows you to keep track of the money you make and the money that you spend.

A budget allows you to tell your boss that you are not able to come into work.

2.

OPEN ENDED QUESTION

2 mins • 5 pts

Do you feel that you've had good money habits modeled for you?

Evaluate responses using AI:

OFF

3.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Media Image

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

4.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Budgeting is crucial to your financial success.

True

False

5.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

If an expense can NOT be removed from your budget to save money, it is considered a _____.

Income

Want

Need

Savings

6.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Preparing a budget includes

Income, Expenses, Saving
Only listing your expenses
Only listing your debts
Only listing your income

7.

MULTIPLE CHOICE QUESTION

2 mins • 5 pts

Which one is a fixed (same amount, same time) payment?

food

power

mortgage

petrol

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