Lesson 3 Quiz: Expenses

Why is it important to know what your expenses are?

• So you can manage your money better

• It’s not

• I don’t know

• If you choose this option you have to tell us a joke

Which one is not a type of expense?

• Rent

• Water bill

• Going on a walk

• Buying groceries

Is it a good idea to cut out unnecessary costs?

• Yes

• No

True or false: 50 in the 50-30-20 rule stands for your expenses

• True

• False

What are expenses?

• Living costs

• I don’t know, but it’s not my problem

• Adult stuff

• You have to tell us a joke if you click this

Why is financial literacy important?

• I don’t know

• Because it helps you achieve financial freedom

• It’s not important

• My favorite color is green

Which of these is an unnecessary cost?

• Gas costs

• Paying rent

• Ordering take-out when there’s food at home

• Water bill

What's a good way to track your expenses? (2 correct answers)

• I don't need to track them

• Using a budget template on Excel

• Guessing

• Using apps to track spending

Which topic are we going to learn about next?

• Debt

• How to play monopoly

• This is the last lesson

• Income

Did you like this lesson?

• Yep!

• Meh

• Sure, I guess

• You’re amazing and I love you