Budgeting Quiz
Authored by Emily Ackerman
Social Studies
6th - 8th Grade
Used 1+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
A plan to manage your time for the day.
A plan for spending and saving your money
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Addy has just moved into her own apartment and is working full time. Each item below would go into her budget in the "Monthly Bills" category EXCEPT...
Rent
Electricity bill
Shopping at the mall
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is income?
The money that you earn.
The money that you spend.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the name of a rule that a person can use to help determine what should me planned for needs, wants and savings?
10% rule
50-30-20
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the amount of money set aside for future expenses?
Savings
Needs
Wants
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a want?
Food
Shelter
Video game
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