Worksheets7-8th Grader SHB_AAB
Total questions: 10
Worksheet time: 5mins
A long-term goal usually takes the most time to reach. Which option fits a long-term horizon best?
Saving for a school trip this year
Buying a house after many years
Purchasing new musical instruments soon
Attending a concert next vacation
Which statement best explains why financial planning is important for reaching goals?
It avoids making any spending choices
It removes the need for a budget
It guarantees money will grow fast
It helps match money to goals over time
A goal planned for about two to five years ahead is generally classified as which type?
Short-term goal category
Medium-term goal category
Long-term goal category
Daily spending category
If your income is limited, which budgeting choice best supports reaching both short-term and long-term goals?
Ignore goals and track only cash flow
Spend on wants first, save leftovers later
Prioritize needs, save a set amount monthly
Borrow often to cover every purchase
Which activity best fits the Risk Management layer in the diagram?
Planning gifts to grandchildren
Setting target college investments
Buying health and life insurance
Opening a high-yield savings account
Withdrawing from retirement funds
Using the table: Income totals Rp3.030.000 and Expenses total Rp135.000. What is the closing balance if last month’s balance was Rp30.000 and this month’s allowance was Rp3.000.000?
Rp2.895.000 after subtracting all expenses
Rp3.465.000 after adding all expenses
Rp3.805.000 after ignoring prior balance
Rp3.050.000 after removing all income
You want to reduce the impact of a car accident on your finances while staying focused on school. Which option fits this goal best?
Buying motor vehicle insurance coverage
Waiting until a crash to find help
Keeping savings only for emergencies
Borrowing from friends after accidents
Which statement shows a realistic and time-bound financial goal for an eighth grader?
Buy a car next week with birthday money
Save $300 by June for a used bike
Save as much as possible over many months
Save money someday for a future vehicle
Which statement best describes a financial risk?
A chance of gain happening at a known time
The possibility of an undesirable event causing monetary loss
The certainty that prices will fall at a set place
A guaranteed loss that occurs to everyone equally
A family worries about sudden medical costs. Which action is a preventive measure, not a corrective one?
Building an emergency fund at a bank or cooperative
Borrowing from a bank to repay the clinic quickly
Selling a personal asset to cover the invoice
Taking an online loan after the hospital bill arrives
