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WorksheetsConsumerism
Total questions: 15
Worksheet time: 31mins
What is a consumer?
Someone who buys goods and services
Someone who sells goods and services
Someone who owns a business
Someone who works at a bank
What is a budget?
An estimation of income and expenses
A financial plan
A way to help save money
All are correct
Credit is "buy now, pay later."
True
False
What are fixed expenses?
Things you buy that vary in price
Things you pay for on a regular basis
Daily spending decisions
Things you buy that you want
Deposit means to...
put money in
take money out
Withdrawal means to...
put money in
take money out
Which of the following is an example of a need?
New iPhone
New shoes
Food for dinner
Getting your nails done
What is the purpose of a check register?
To pay for purchases
To keep track of your spending
To save money
True or False: Your signature on a check must be in cursive.
True
False
If you have a lot of money in your bank account, that means you always have a high credit score.
True
False
Which of the following is a variable expense?
Shopping
Rent
Car payment
Netflix payment
How can you practice being a wise consumer? Provide at least three ways.
What is the purpose of budgeting? How can it help us?
Why is it important to have a good credit score? How can a person improve their credit?
What is one thing you learned during this unit? What is one thing you are still confused about?
