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Spending Plan Jan 02

Authored by Scott Dixon

Life Skills

12th Grade

Used 2+ times

Spending Plan Jan 02
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the first president of the United States?

George Washington

Thomas Jefferson

John Adams

James Madison

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main role of a budget according to the video?

Predict future income and expenses

Work exclusively with present money

Estimate future spending only

Double count credit card expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What category does personal grooming and apparel fall under in the budgeting template?

Lifestyle

Goals

Security

Essentials

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of assigning specific reasons to savings according to the video?

To make it easier to steal from

To increase financial stability

To have more money

To be less stressed

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the recommended method for keeping track of the budget according to the video?

Using a spreadsheet only

Using an app only

Using good old pencil and paper only

Using a spreadsheet, an app, or pencil and paper

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of budgeting according to the video?

To have more money

To be happier with the money you have

To predict future income accurately

To be less stressed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often should you update your budget according to the video?

Update it every 2 months

Update it every year

Update it every 6 months

Update it every month

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