This is the first step in planning a budget.
Planning a Budget

Quiz
•
Education
•
6th Grade
•
Hard
L.A. Dela Cruz
Used 75+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Spend a lot of money before you budget.
Set up a budget
Prepare a checklist of your needs, wants and goals.
Estimate your income for the month.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the components of a family is _______. This gets the biggest share in the family allocation of a family income.
Food
Savings
Education
Clothes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A plan of how the family income should be spent.
money
budget
allowance
foods
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All are expenses, EXCEPT.
Internet
Clothes
Food
Extra Income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Fares for MRT, LRT, tricycles, or jeepney.
Education
Savings
Food
Transportation
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A type of fixed expenses that includes electricity, water, telephone, and home cable bills.
Expenses
Medical and Dental
Labor
Utilities
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All are kinds of family expenses, EXCEPT.
Food
Clothes
Utilities
Salary
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