
Budgeting !
Passage
•
Financial Education
•
6th - 8th Grade
•
Practice Problem
•
Easy
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21 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a budget?
A list of all the things you want to buy
A plan for how to use your money
The total amount of money you earn
Another word for your savings account
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
In SMART goals, the 'A' stands for __________.
In SMART goals, the 'A' stands for __________.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saving for a down payment on a car in two years is a...
Short-term goal
Mid-term goal
Long-term goal
SMART goal
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is a common challenge to sticking to a budget?
Overestimating income
Emotional spending
Saving too much money
Having no envelopes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The story about Warren Buffett teaches us that:
You need to be rich to start budgeting
Starting to save and invest early is powerful
Stocks are the only way to build wealth
Budgeting is only for kids
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is an emergency fund and why is it necessary?
Evaluate responses using AI:
OFF
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Saving for retirement is an example of a __________-term financial goal.
Saving for retirement is an example of a __________-term financial goal.
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