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Worksheetsbudgeting
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
How much is Josie spending on her cellphone?
a)
$20
b)
$30
c)
$40
d)
$50
2.
How much of a salary is Josie earning per month?
a)
$2000
b)
$3000
c)
$4000
d)
$5000
3.
What time period is this budget for?
a)
Weekly
b)
Monthly
c)
Yearly
d)
Daily
4.
What is Josie's total income for the month?
a)
$3000
b)
$300
c)
$3300
d)
$1186
5.
What kind of debt does Josie have?
a)
Personal loan
b)
Hire Purchase
c)
Mortgage
6.
What is a surplus?
a)
When income is higher than expenses
b)
When expenses are higher than income
7.
What is a deficit?
a)
When income is higher than expenses
b)
When expenses are higher than income
8.
Is Josie in a surplus or a deficit?
a)
Surplus
b)
Deficit
9.
How much money does Josie have available to save?
a)
$3000
b)
$3300
c)
$1186
d)
$2014
10.
Of the following, which would be considered a want?
a)
Magazines
b)
Internet
c)
Food
d)
Rent
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