Budgeting

Which of the following is generally the most expensive category in a person’s budget?

• Healthcare

• Clothing

• Transportation

• Housing

Sundries are things like:

• Shampoo, deodorant, toilet paper, cleaning supplies, etc.

• Flowers, plants, seeds, etc

• Granola bars, tofu, organic vegetables, etc.

• None of the above

As a rule of thumb, every family should save at least _____ months’ income in case of emergency.

• Two

• Three

• Four

• Six

The amount of money you take home is called your

• Net Pay

• Gross Pay

• Total Pay

• Available Pay

Tags

CCSS.6.NS.B.3

Taxes vary from state to state and city to city. To make it easier to factor an estimated required annual salary, figure an average of _____% is withheld from your paycheck.

• 10

• 15

• 20

• 25

The amount of money you make is called:

• Taxes

• Net Pay

• Gross Pay

• Available Pat

Tags

CCSS.6.NS.B.3

This many people in The United States live in poverty.

• 40.2 Million People

• 45.3 Million People

• 43.5 Million People

• 46.7 Million People

____ Percent of children live in poverty in The United States?

• 19.9%

• 21.8%

• 22.4%

• 23.2%

In budgeting which number should always be the largest?

• Gross Income

• Net Income

• Taxes

• Disposable Income