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Article Questions-Importance of Budgeting

Total questions: 15

Worksheet time: 45mins

Name
Class
Date
1.

According to the article, what is financial literacy?

4 lines
2.

Why is financial literacy especially important for students and young adults?

4 lines
3.

What role does budgeting play in managing personal finances?

4 lines
4.

How does budgeting help balance income and expenses?

4 lines
5.

What financial problems can occur when people do not budget their money?

4 lines
6.

How does creating a budget help someone avoid debt?

4 lines
7.

What expenses does the article suggest students should plan for in a budget?

4 lines
8.

How can budgeting help students prepare for future expenses like college or emergencies?

4 lines
9.

Why is budgeting important before using credit cards or borrowing money?

4 lines
10.

How does budgeting contribute to financial stability?

4 lines
11.

Define Financial literacy

4 lines
12.

Define Budgeting

4 lines
13.

Define Credit.

4 lines
14.

Define Debt

4 lines
15.

Define Financial stress.

4 lines