Money Management Quiz

If you want to plan how you will spend your money each month, what should you create?

• A budget

• A loan

• A salary

• A bill

What are you doing when you put money into a bank account for a future goal, like buying a car?

• Spending money

• Earning money

• Saving money

• Investing money

Your monthly payments for food, transport, and movie tickets are all examples of what?

• Income

• Expenses

• Savings

• Loans

The money you get from your job and any money your parents give you is called your total...?

• Income

• Budget

• Rent

• Expenses

What is the fixed amount of money you receive from your employer every month for your work?

• Loan

• Bill

• Rent

• Salary

If you live in an apartment that you don't own, what is the monthly payment you make to the owner called?

• Salary

• Rent

• Investment

• Budget

If you need to borrow money from a bank to pay for university, what is this called?

• A salary

• A bill

• An income

• A loan

When you use your money to buy something that you hope will grow in value over time (like stocks), what are you doing?

• Investing

• Saving

• Spending

• Budgeting

What do you call the regular payments you must make for services like your phone, electricity, and internet?

• Salaries

• Budgets

• Bills

• Loans

What is the action of getting money in return for working at a job?

• To spend

• To save

• To earn

• To invest