Budget Basics

Budget Basics

3rd Grade

15 Qs

quiz-placeholder

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Assessment

Quiz

Life Skills

3rd Grade

Practice Problem

Easy

Created by

Ryan Gilmour

Used 4+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the main purpose of saving money?

To spend it all at once

To have money for future needs

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is an example of a "need"?

A new video game

Food and water

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the first step in creating a budget?

Spending money

Setting goals

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why is it important to track your expenses?

To know how much money you have left

To spend more money

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is a smart purchase?

Buying something on sale that you need

Buying something because your friend has it

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a good way to save money?

Spending all your allowance

Putting some money in a piggy bank

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is an example of a "want"?

Medicine

A new bicycle

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