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Worksheets

Financial Literacy

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

Identify the type of expense: A yearly physical at the doctor's office.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

2.

Identify the type of expense: A monthly mortgage payment for your home.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

3.

Identify the type of expense: Your water bill.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

4.

Identify the type of expense: A ticket to your favorite band's concert.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

5.

Identify the type of expense: A trip to emergency room after a sports injury.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

6.

Identify the type of expense: Your car payment.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

7.

Identify the type of expense: Buying the latest iPhone.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

8.

Identify the type of expense: A trip to the grocery store to buy food.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

9.

Identify the type of expense: An oil change for your car.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

10.

Identify the type of expense: Your cell phone bill.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

11.

Identify the type of expense: Your auto insurance.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

12.

Identify the type of expense: Your yearly dental cleaning.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

13.

Identify the type of expense: Your electricity bill.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

14.

Identify the type of expense: A trip to the beach for the weekend.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

15.

Identify the type of expense: Your credit card payment.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

16.

Identify the type of expense: Dining out at a restaurant with friends.

a)

Periodic

b)

Discretionary

c)

Fixed

d)

Variable

17.

Identify the type of expense: Paying for monthly internet service.

a)

Fixed

b)

Discretionary

c)

Periodic

d)

Variable

18.

Identify the type of expense: Purchasing groceries for a holiday dinner.

a)

Fixed

b)

Periodic

c)

Discretionary

d)

Variable

19.

Identify the type of expense: Subscribing to a monthly streaming service like Netflix.

a)

Fixed

b)

Periodic

c)

Discretionary

d)

Variable

20.

Identify the type of expense: Paying for car repairs after a breakdown.

a)

Periodic

b)

Discretionary

c)

Variable

d)

Fixed