Planning a Budget

Planning a Budget

6th Grade

10 Qs

quiz-placeholder

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Planning a Budget

Planning a Budget

Assessment

Quiz

Education

6th Grade

Hard

Created by

L.A. Dela Cruz

Used 75+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This is the first step in planning a budget.

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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