Your Monthly Budget Should Include....

Personal Finance and Budgeting Quiz

Quiz
•
Social Studies
•
Professional Development
•
Hard
LaWanda Morales
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Only discretionary expenses
Only fixed expenses
Unexpected expenses
Only savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is a consequence of overdrawing your account?
Bank fees
Increased savings
Financial reward
Higher credit score
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A written budget (if followed) removes ________ from your finances
Debt
Stress
Income
Expenses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a good way to save money
Using coupons
Cutting unnecessary expenses
Skipping bill payments
Setting aside savings each month
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When we budget or buy things what do we need to know?
How much you will get paid next week.
How much money you have
Weekend plans
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Kylie plans on using the 50/30/20 rule for budgeting. How will she split her budget?
50% needs, 30% wants, 20% savings
50% budget, 30% needs, 20% wants
50% saving, 30% needs, 20% wants
$50 needs, $30 wants, $20 savings
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
How much does one box of pasta cost?
$4
$1.33
$0.75
$2
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