Saving Money for the Future Everfi

Quiz
•
Financial Education
•
6th - 8th Grade
•
Medium

Anonymous Anonymous
Used 15+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the benefit of saving money?
Being able to write a check
Getting a discount on paying your bills
Being able to prepare for emergencies
Not having to worry about your expenses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your emergency savings should cover your expenses for ________.
1 month
6 months
10 months
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When can setting a savings goal help you?
A. When there is nothing you want or need
B. When you need to save money long-term
C. When you want to buy something
Both B and C
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Calculating your expenses helps you budget because ________.
you can return things you have bought more easily
you can figure out how to spend less and save more
you can understand how much money you can spend
you can stop spending money and save for your goals
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can you save for your goals faster?
Choosing wants, not needs
Choosing needs, not wants
Choosing needs before wants
Choosing wants before needs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these can help you save money?
Budgeting money
Increasing income
Reducing expenses
All of the above
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a savings account used for?
A. Saving money
B. Writing checks
C. Using a debit card
Both B and C
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