Money Management

Money Management

11th Grade

15 Qs

quiz-placeholder

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Money Management

Money Management

Assessment

Quiz

Social Studies

11th Grade

Practice Problem

Hard

Created by

John Robinson

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15 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

You should create a budget by ...

writing down your monthly expenses.

making a list of everything you want.

finding how much college will cost.

none of these.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Which of the following is not included in your monthly house payment?

Principle and interest

Property taxes

Utilities

Homeowners insurance

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Something, typically money, that is owed or due.

Debt

Fixed Expenses

Variable Expenses

Periodic Expenses

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Money that is a same amount of charge each month

Money

Wages

Budget

Fixed expenses

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Amount of an individual’s income that is left for spending after taxes.

Disposable Income

Discretionary Income

Fixed Expenses

Variable Expenses

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the primary purpose of creating a personal budget?

To track and manage expenses

To increase monthly income

To eliminate all debts

To invest in stocks

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is considered a variable expense?

Rent

Groceries

Car payment

Insurance

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