Budgeting

Budgeting

Assessment

Flashcard

Other

11th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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23 questions

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1.

FLASHCARD QUESTION

Front

Which of the following is NOT a need? Options: Food, Clothes, Netflix, Shelter

Back

Netflix

2.

FLASHCARD QUESTION

Front

Which of the following is an example of a variable expense? Options: Food, Rent, Car payment, Student loan

Back

Food

3.

FLASHCARD QUESTION

Front

Your emergency savings fund should have how many months worth of income?

Back

3-6 months

4.

FLASHCARD QUESTION

Front

What is the first step in budgeting?

Back

Set financial goals

5.

FLASHCARD QUESTION

Front

What is a discretionary Income?

Back

Income remaining after deduction of taxes, other mandatory charges.

6.

FLASHCARD QUESTION

Front

Which of the following is an example of a "life change" that would affect your budget? Options: marriage, children, change in job, all of these

Back

all of these

7.

FLASHCARD QUESTION

Front

Why do you want to have savings?

Back

All of these: financial emergencies, exciting financial opportunities, financial security.

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