The money you receive in exchange for your labor or products

Budgeting Vocab Quiz

Quiz
•
Financial Education
•
6th Grade
•
Easy
Carrie Brown
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Budget
Expense
Needs
Wants
Income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plan that helps people manage their money by tracking income and expenses over a set period of time
Budget
Expense
Needs
Wants
Income
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that is a necessity, you need it to survive
Budget
Expense
Needs
Wants
Income
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Something that would be fun to have, you can live without it
Budget
Expense
Needs
Wants
Income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Money needed to buy or do something (cost)
Budget
Expense
Needs
Wants
Income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Generally cost the same amount each month
Budget
Expense
Flexible Expense
Fixed Expense
Income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenses where you have some control over the amount
Budget
Expense
Flexible Expense
Fixed Expense
Income
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