Budgeting & Savings Review
Authored by Susan Dixon
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26 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which of the following is NOT a component of a budget?
Credit score
Saving
Income
Giving
2.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
What does a budget show you?
How much you need to save
How much money you plan to come in and go out during the month
How much money you need to earn
How much money you spent last month
3.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Detailed categories on your budget will help you make better spending decisions.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
How many months does it usually take for your budget to start working as a budget should?
one
three
five
twelve
5.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Research shows that nearly half of Americans (46%) feel stress and anxiety about the amount of _____________ they have.
money
debit cards
categories in their budget
personal debt
6.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Net income is the amount you get paid before taxes.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • Ungraded
What kind of money counts as income?
Only the money you make at your job
All money that you receive, including money form you job and gifts like birthday money
Money in your savings account
only money deposited in your bank account
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