Money Idioms

Money Idioms

12th Grade

21 Qs

quiz-placeholder

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Money Idioms

Money Idioms

Assessment

Quiz

English

12th Grade

Medium

Created by

Daliborka Bojicic

Used 3+ times

FREE Resource

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the idiom 'cut back' mean?

To increase expenses

To invest in stocks

To reduce expenses

To save money for a vacation

Answer explanation

The idiom 'cut back' means to reduce expenses. It refers to the act of spending less money or using fewer resources, making 'to reduce expenses' the correct choice among the options provided.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'tighten your belt' imply?

To borrow money

To save for a new car

To reduce spending

To spend more money

Answer explanation

'Tighten your belt' means to reduce spending, often in response to financial difficulties. It suggests being more frugal and cutting back on expenses, making 'to reduce spending' the correct choice.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a 'rainy day fund'?

Money saved for emergencies

Money spent on vacations

Money given to charity

Money invested in stocks

Answer explanation

A 'rainy day fund' refers to money saved specifically for emergencies or unexpected expenses, making 'Money saved for emergencies' the correct choice. The other options do not align with the purpose of a rainy day fund.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'penny-pinching' refer to?

Investing in high-risk stocks

Being generous with money

Spending money freely

Being extremely careful with money

Answer explanation

'Penny-pinching' refers to being extremely careful with money, often to the point of being overly frugal. This contrasts with spending money freely or being generous, making the correct choice clear.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the idiom 'money doesn't grow on trees' mean?

Money is easy to earn

Money should be spent wisely

Money is abundant

Money is only for the wealthy

Answer explanation

The idiom 'money doesn't grow on trees' implies that money is a limited resource and should be spent wisely, rather than being taken for granted or wasted.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'watch your wallet' suggest?

To invest in stocks

To spend freely

To be careful with spending

To save for retirement

Answer explanation

'Watch your wallet' implies being cautious about spending money. It suggests that one should be mindful of their financial decisions, making 'to be careful with spending' the correct interpretation.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does 'blow your money' mean?

To save money carefully

To spend money quickly and carelessly

To invest wisely

To donate money

Answer explanation

'Blow your money' means to spend money quickly and carelessly, often implying a lack of thought or planning in how the money is used. This aligns with the correct answer choice.

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