
Budget Challenges
Passage
•
Business
•
8th Grade
•
Practice Problem
•
Easy
ANDRES MARTINEZ
Used 10+ times
FREE Resource
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main challenges students face when creating a budget?
Understanding the difference between needs and wants
Finding a high-paying job
Choosing the right bank
Investing in stocks
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do students often struggle with budgeting?
Lack of financial literacy
Too much free time
Excessive savings
High interest rates
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can fluctuating income lead to for students?
Difficulty in planning for future expenses
Increased savings
Stable financial situation
Consistent monthly budget
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can peer pressure affect students' budgeting efforts?
It can lead to overspending
It encourages saving
It promotes financial literacy
It reduces financial stress
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is essential for financial stability according to the passage?
Learning to say no and sticking to a budget
Borrowing money from friends
Spending on entertainment
Ignoring financial planning
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