Budgeting Basics
Interactive Video
•
Life Skills, Business
•
11th Grade - University
•
Practice Problem
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Medium
Wayground Content
Used 15+ times
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical figure is used as an analogy for managing finances?
Benjamin Franklin
Thomas Jefferson
George Washington
Abraham Lincoln
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which category of expenses includes rent and groceries?
Essentials
Security
Goals
Lifestyle
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of assigning every dollar a job in your budget?
To ensure all money is spent
To predict future income
To increase bank account balance
To manage current finances effectively
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which tool is NOT mentioned as a way to maintain a budget?
Calculator
Spreadsheet
Budgeting app
Checkbook
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key benefit of effective budgeting mentioned in the video?
Increased income
Higher credit score
Less financial stress
More spending opportunities
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