Budgets
Quiz
•
Social Studies
•
12th Grade
•
Practice Problem
•
Medium
Erin Schwibbe
Used 11+ times
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24 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a need?
Bottle of Soda
Dr. Appointment
Netflix
Concert tickets
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a want?
Gas
Bus ticket
Taylor Swift Ticket
Phone bill
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 50/30/20 rule
50 dollars for me, 30 dollars for you, 20 dollars for paying bills.
50% on expenses, 30% on wants, 20% on savings
save 50% for amusement, 30% for food, 20% for ice cream
save 50% when you spend $20 on the 30th of the month.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the fund for unexpected expenses.
budget
saving for goal
30% of budget
emergency fund
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
how much should you put away for savings?
2000 dollars
50%
none
10 -20%
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What part of your budget goes for wants and optional items?
the biggest part
10%
30%
50%
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Savings accounts are really great for
Long term goals or emergencies
Wants
Immediate needs
Current bills
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