Money Idioms

Quiz
•
English
•
12th Grade
•
Medium
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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