WorksheetsBudgeting
Total questions: 10
Worksheet time: 5mins
Which budgeting method requires justifying every expense before adding it?
Traditional Budgeting
Zero-Based Budgeting
Envelope System
Digital Budgeting
Riya earns ₹12,000. She saves 20%, spends 60% on needs, and the rest on wants. How much goes to wants?
₹1,800
₹2400
₹3600
₹4800
If you overspend ₹1,500 on “Wants,” which area of the budget is most likely affected?
Savings
Income
Taxes
Needs
You earn ₹15,000 and want to save for a laptop costing ₹30,000 in 6 months. How much must you save per month?
₹6,000
₹4,000
₹2,500
₹5,000
Which budgeting method is BEST if your income changes every month?
Traditional budgeting
Zero-Based Budgeting
Envelope System
None of the above
Which is an example of a fixed expense?
Electricity Bill
Rent
Movie Tickets
Snacks
The biggest risk of NOT making a budget is:
Overspending
Saving too much
Having extra income
Getting free money
You follow 50-30-20 rule on ₹40,000 income. How much is for wants?
₹8,000
₹12,000
₹20,000
₹30,000
A bicycle costs ₹4,500. You save ₹750 every month. How many months to buy it?
4
5
6
7
If you increase your savings from 10% to 20% of a ₹25,000 salary, how much MORE do you save each month?
₹1,500
₹2,500
₹3,000
₹5,000
