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WorksheetsBudgeting Quiz
Total questions: 22
Worksheet time: 11mins
How many of you have a credit card/debit card/bank account?
Yes
No
I have no idea what you're talking about
How many people know how much money they have? (bank account/cash/etc)
Yes
No
I don't have a bank account
Do you budget your money?
Yes
No
What do you spend MOST of your money on?
Food
Clothes
Video Games
Other
Teens spend most of their money on what?
Video Games
Clothes
Food
Account held at a financial institution that allows for withdrawals and deposits
Net montly income
Checking Account
Savings Account
Both savings and checking
The amount DEDUCTED from your bank account is called...
Interest rate
Credit
Debit
Credit Card
A term for balancing your spending and your income
Gross Annual Income
Budgeting
Net Monthly Income
A bank
ADDING an amount to your account is called?
Checking Account
Savings Account
Credit (deposit)
Calculating
What bank account receives a small amount of interest based off amount in account?
Checking Account
Savings Account
This is a percentage ADDED to your total. Can be a good or bad thing
Savings Account
Interest Rate
Interest
Checking Account
This is how much you make each MONTH BEFORE taxes
Gross Annual Income
Net Monthly Income
Gross Monthly Income
What?
This is the health insurance program for people who are 65 or older
Federal Income Tax
Social Security
Net Monthly Income
Medicare
A card you use that buys now, pays now
Credit Card
Debit Card
How much you make each YEAR BEFORE taxes
Gross Annual income
Net Monthly Income
Gross Monthly Income
Social Security
Portion of one's personal income paid to the government
Social security
Net Monthly Income
Medicare
Federal Income Tax
How much you make each MONTH AFTER taxes
Gross Annual Income
Net Monthly Income
Gross Monthly Income
Social Security
Program that provides benefits to retired people OR people living with disabilities
Federal income Tax
Social Security
Gross Annual income
Medicare
High-priority necessities that are generally paid off first
Primary expenses
Secondary expenses
A loan to finance the purchase of your new home
Home insurance
Mortgage
Why is it important to set budget guidelines (how much you spend each month on certain categories)?
Because we are told to
To ensure we don't over spend and we are able to save
I don't need guidelines
BONUS: How is Mrs. Schoville a volunteer teacher at PVJH?
She's just really nice
Her parents are rich
She made it big in the stock market
These are her service hours from college
