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Earning, Saving, and Spending

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Savings is money you set aside

a)

True

b)

False

2.

Which of the following is a NEED?

a)

Play Station

b)

Concert Tickets

c)

Housing

d)

BMW

3.

You NEVER have to pay off credit cards

a)

True

b)

False

4.

What is the BEST way to track your spendings?

a)

Check your bank account every 3 months

b)

Create a budget

c)

Rely on your parents to track it for you

d)

Don't track anything

5.

Your credit score is checked when...

a)

You are applying for a credit card

b)

You are applying for college

c)

You are buying dinner

d)

You are riding a bike

6.

You should always spend more than you earn

a)

True

b)

False

7.

What do you save money for?

a)

Emergencies

b)

College Tuition

c)

Large Purchases

d)

All of the above

8.

Which of these is an irresponsible spending habit?

a)

Paying bills on time

b)

Spending more than you earn

c)

Buying food and water

d)

Paying rent

9.

I am going to create my own budget after this workshop

a)

True

b)

False

10.

Which of the following are EARNINGS?

a)

Salary

b)

Allowance

c)

Interest from Savings

d)

All of the above