Worksheets7th Finance
Total questions: 21
Worksheet time: 12mins
Is this an example of a want or a need?
Want
Need
Is this an example of a want or need?
Want
Need
Is this an example of a want or a need?
Want
Need
Is this an example of a want or a need?
Want
Need
Is this an example of a want or a need?
Want
Need
Is a television a need or want?
Need
Want
Is family a need or want?
Need
Want
A need is something we can't live without.
True
False
Always include the month, day, and year when writing the date.
True
False
What is A on the check?
check number
date check was written
Name and address of the checking account holder
What is B on the check?
bank ID number
date check was written
check number
What is H on the check?
amount of check in words
company or person being paid
purpose of the check
What is I on the check?
company or person being paid
name and address of the account holder
amount of check in words
Tracking your spending can help you _____.
spend more money
make good decisions
know where your money is being spent
spend less money
If you have a budget, you have _____.
afford nicer things
spend all the money you want
a plan for using your money over a set period of time
a good idea of how much money you’ll make
Keeping track of what you earn, spend, and save are they key parts of a _____.
monthly allowance
investment strategy
paycheck
budget
Which of these explains a want, not a need?
Shelter: If you don't have this you could possibly die in cold weather
Chocolate: People like to eat this as a sweet treat, some may think it's delicious.
Protein: This is important for having good health. It provides valuable nutrients.
Clothes: You wear these to stay warm and out of jail.
If you go over your budget, what is a way to cut down on expenses?
eat out less
go to the movies less
skip out on a concert
all of the above
What is net pay?
Your income before taxes are taken out.
Your income after taxes are taken out.
What is gross pay?
Your income before taxes are taken out.
Your income after taxes are taken out.
Which form of income should you base your budget off of?
Net income
Gross income
Both net and gross income
Neither net or gross income
