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WorksheetsBudget Test
Total questions: 1
Worksheet time: 7mins
What is a budget?
A new video game
A type of food
A list of favorite movies
A plan for spending money
What should you do first when creating a budget?
Watch a movie
Go shopping
Calculate how much money you earn
Decide what you want to buy
What is money that you owe called?
Debt
Savings
Donation
Income
Why is it important to have a budget?
To make sure you can buy all the video games you want
To plan for the future and make responsible choices
To memorize all the movies you've watched
To win a race
What can change our budgets?
Your favorite TV show
The color of your house
The weather
Changing needs and wants
What is the monthly income used in the practice budget?
$1,000
$2,000
$4,000
$3,000
How much does an apartment cost per month according to the Budget Choice Card?
$300
$400
$600
$500
What should you consider first after meeting your needs in the budget?
Savings and Donations
Buying video games
Eating out
Going to the movies
How much does it cost per month to have both cable and internet according to the Budget Choice Card?
$250
$200
$150
$100
What is the cost of keeping a cat or dog per month?
$50
$75
$100
$125
