Understanding Expenses for Kids

Understanding Expenses for Kids

5th Grade

10 Qs

quiz-placeholder

Similar activities

Putting it altogether...

Putting it altogether...

3rd - 6th Grade

8 Qs

ESP 5

ESP 5

5th Grade

15 Qs

Healthy Food

Healthy Food

KG - Professional Development

15 Qs

Growth Mindset

Growth Mindset

4th - 6th Grade

10 Qs

SJAC Houses

SJAC Houses

1st Grade - University

10 Qs

Evs quiz for 4 and 5

Evs quiz for 4 and 5

3rd - 5th Grade

14 Qs

Fun Facts

Fun Facts

1st Grade - University

12 Qs

Virus outbreak

Virus outbreak

5th - 12th Grade

10 Qs

Understanding Expenses for Kids

Understanding Expenses for Kids

Assessment

Quiz

Life Skills

5th Grade

Practice Problem

Hard

Created by

JILL VICTO KULWICKI

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are essential expenses?

Expenses that are not necessary for daily living

Expenses that are necessary for daily living

Expenses that change every month

Expenses that are always the same

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a non-essential expense?

Rent

Groceries

Movie tickets

Electricity bill

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are variable expenses?

Expenses that are always the same

Expenses that change every month

Expenses that are not necessary

Expenses that are necessary

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a fixed expense?

Monthly rent

Dining out

Buying clothes

Gas for the car

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to track essential expenses?

To spend more money

To ensure you have enough for necessities

To ignore them

To increase non-essential spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a variable expense?

Internet bill

Gym membership

Grocery shopping

Mortgage payment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between essential and non-essential expenses?

Essential expenses are for fun, non-essential are for needs

Essential expenses are necessary, non-essential are optional

Essential expenses are optional, non-essential are necessary

There is no difference

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?