WorksheetsBudgeting Basics Quiz
Total questions: 10
Worksheet time: 30mins
A budget it a helpful tool.
True
False
A budget is ___________.
a list of what to buy at a store
a plan for managing your money. It compares how much you earn (make) to how much you spend
is things you shouldn't do
A budget _________________________.
Lets you know how much money you have and where it's going
lets you know what's for dinner
is something babies understand
The goal of a budget is _________________.
to spend more than you make
to spend less than you make
When you want something you should ALWAYS get it.
True
False
Income is all the money you earn (make) over a period of time. Usually a month.
True
False
The income of an adult is the money they get for working. The income of a child could be ____________. Check all that apply.
an allowance (money your parents give you weekly or for chores)
the money your friends or family give you as gifts
fake monopoly money (toy)
There are two types of expenses. They are ____________ and _______________. Choose two.
Essential Expenses (things that you need)
iReady expenses
Non-Essential Expenses (things you don't need but spend money on anyways)
Choose a picture of a budget.
A budget helps you save money for the things you really want.
True
False
