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Smart Spending and Budgeting Quiz

Smart Spending and Budgeting Quiz

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Jennifer Brown

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason the narrator decided to stop upgrading their phone frequently?

To reduce time spent on the phone

To increase phone storage

To avoid the latest technology

To save money on phone bills

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the narrator suggest using credit cards for travel?

By using them to pay for travel insurance

By using them for all purchases to earn points

By only using them for large purchases

By using them to pay for souvenirs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What alternative does the narrator suggest for buying travel souvenirs?

Collecting stamps

Buying local food items

Taking photos and making memories

Buying postcards

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the key difference between buying something on sale and buying something because it's on sale?

The quality of the item

The intention behind the purchase

The price difference

The brand of the item

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy does the narrator use to avoid impulse purchases?

Shopping with a friend

Waiting 24 hours before buying

Only shopping online

Using cash instead of cards

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the narrator stop going out for lunch at work?

To save time during lunch breaks

To reduce expenses

To avoid unhealthy food

To try new recipes

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the narrator's reason for cutting out cable TV?

To watch more sports

To save money and time

To avoid advertisements

To switch to radio

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