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Budgeting

Authored by J Johnson

Professional Development

12th Grade

Used 41+ times

Budgeting
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a need?

Bottle of Soda

Dr. Appointment

Netflix

Concert tickets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a want?

Gas

Bus ticket

Taylor Swift Ticket

Phone bill

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the 50/30/20 rule

50 dollars for me, 30 dollars for you, 20 dollars for paying bills.

50% on expenses, 30% on wants, 20% on savings

save 50% for amusement, 30% for food, 20% for ice cream

save 50% when you spend $20 on the 30th of the month.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fund for unexpected expenses.

budget

saving for goal

30% of budget

emergency fund

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Keeping your budget will keep you ____________ for your goals.

on track

distracted from

annoyed about thinking

off track

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

how much should you put away for savings?

2000 dollars

50%

none

10 -20%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what is the 20/4/10 rule for buying a car?

look at 4 car dealerships for 20 minutes of research and use 10% of your money for a down payment.

Look at 20 cars, at 4 dealerships, save 10 percent on the car.

20 minutes to negotiate 4% down payment and 10 payments.

20% down payment, contract of no longer than 4 years and 10% of your budget to make your payments

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