Budgeting

Budgeting

12th Grade

15 Qs

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Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

John Robinson

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Where should you look to find your current expenses when building your budget?

ask your parents

your wallet

bank and credit statements

your bank representative

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In addition to needs, what should you plan for first when creating a budget?

Possible charitable donations

Shopping money

Investments

Recurring expenses

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is a way to track your spending?

Spreadsheet budget

Envelope method

An app

All of the above

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When setting a budget, you should consider...

financial goals, current expenses, and income.

mostly income.

creative ways to spend your money.

mostly your goals.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Unexpected expenses…

can make it hard to stick to your budget.

may cause you to be unable to pay necessary bills.

should be planned for.

all of the above

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What budgeting tip(s) would help you to stay on track financially?

Find a friend with similar goals and hold each other accountable

Put aside fun money in your budget so you're not missing out

Only use your closest gas station to fill up gas

All of the above

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When setting a budget, you can choose to make room for:

Financial goals

Entertainment expenses

Charitable donations

All of the above

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