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L1 Budget: Pre-Flashcard

L1 Budget: Pre-Flashcard

Assessment

Flashcard

Life Skills

7th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

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4 questions

Show all answers

1.

FLASHCARD QUESTION

Front

A fixed expense is: A concert ticket, A movie ticket, A bill amount that stays the same every month, A credit card bill

Back

A bill amount that stays the same every month

2.

FLASHCARD QUESTION

Front

What is the first step in creating a budget?

Back

Figure out how much money your receiving (income) and spending (expenses)

3.

FLASHCARD QUESTION

Front

Which monthly expense is more of a “want” than a “need”? Options: Cell phone bill, Video games, Lunch costs, School supplies

Back

Video games

4.

FLASHCARD QUESTION

Front

Financial strategies can be used to reduce the impact emotion has on decision-making.

Back

True

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