PSHE Personal Finance Quiz

PSHE Personal Finance Quiz

9th Grade

12 Qs

quiz-placeholder

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PSHE Personal Finance Quiz

PSHE Personal Finance Quiz

Assessment

Quiz

Life Skills

9th Grade

Practice Problem

Easy

Created by

Fergus McKeefry

Used 4+ times

FREE Resource

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term "budget" refer to in financial terms?

A list of favorite movies

A plan for managing money

A type of computer software

A popular snack

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is budgeting important for personal finance?

It helps you spend money impulsively

It allows you to track and control your spending

It increases your debt

It's only necessary for adults

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sarah receives $50 as her weekly allowance. She spends $20 on clothes, $15 on snacks, and saves the rest. What is her saving percentage?

30%

50%

25%

40%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an emergency fund?

Money set aside for unexpected expenses

Funds for buying luxury items

Savings for vacation

Monthly pocket money

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a fixed expense?

Movie tickets

Groceries

Rent or mortgage

Fast food

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Emily earns $100 per week from her part-time job. If she spends $30 on transportation, $20 on food, and saves the rest, how much does she save each week?

$40

$30

$50

$10

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the term "income" mean in the context of personal finance?

Money spent on entertainment

Money earned or received

Money saved for emergencies

Money used for shopping

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