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- How To Set Up A Budget (fixed And Variable Expenses)
How to Set Up a Budget (fixed and variable expenses)
Interactive Video
•
Mathematics
•
7th Grade
•
Practice Problem
•
Medium
+2
Standards-aligned
BRENDA MUNOZ
Used 9+ times
FREE Resource
Standards-aligned
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where do you start when creating a budget?
Shopping online
Setting a goal
Not spending
Shopping in person
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You must build your budget based on your:
Net Income
Salary
Taxes
Savings
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Examples of Fixed Expenses (select all that apply)
savings (safety net)
insurance
rent or mortgage payment
loan payment
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Examples of Variable Expenses (select all that apply)
Car payment
Entertainment
Utility bills (electricity, water)
Groceries
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is step 6 when creating a budget? (respond in all lower case letters)
Evaluate responses using AI:
OFF
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In conclusion, what is a budget?
It's a plan that allows you to spend all you want
It's a plan that allows you to lose weight
It's a plan that allows you to reach a financial goal
It's a plan that allows you to pass all your classes
Tags
CCSS.RI.6.2
CCSS.RI.7.2
CCSS.RL.6.2
CCSS.RL.7.2
CCSS.RL.8.2
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