WorksheetsBudget Quiz
Total questions: 10
Worksheet time: 5mins
What is the main purpose of a budget?
To plan and manage income and spending over a set time period
To put money to one side to spend later
To track how much something costs
To transfer money to someone else
A budget is split between income (money in) and expenditure (money out). Which of these is an example of income?
Wages
Electric Bill
Mobile Bill
Water Bill
Which of these is an example of expenditure?
Council Tax
Wages
State Pension
Bank refund
What is the average rent cost for a one-bedroom apartment in Leeds City Centre?
£1000 p/month
£500 p/month
£700 p/month
£1400 p/month
How much is the average UK food shop per week (based on a household of 2 people)?
£70
£100
£50
£25
How much are these seats for Tom Grennan at the First Direct Arena on 18th September? (Per Seat)
£79
£125
£57
£200
Which of these is a potential risk of using a contactless card/app for shopping?
Overspending
Quick transactions
Convenient
Pay less tax
If you earn between £12,571 and £50,270 - what percentage of tax do you pay on your wages?
20%
15%
5%
50%
If you were able to save £100 a month, how long would it take you to save up for a car that cost £1250?
12 Months
13 Months
6 Months
18 Months
If you earnt £40,000 a year and saved every single penny every year, how long would it take for you to become a billionaire? (Without Interest)
25,000 years
100 years
2500 years
10,000 years
