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Financial Literacy Budgeting Quiz

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Financial Literacy Budgeting Quiz

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Financial Literacy Budgeting Quiz
 

Financial Literacy Budgeting QuizOnline version

Financial Literacy Budgeting Quiz

by Cesar Gomez
1

Ways you can use money

2

The first thing you should do with your budget is set up an emergency fund

3

You should work to keep your living expenses below:

4

It’s ok to use your emergency fund to cover all except:

5

Gross pay is the amount paid before taxes

6

Living expenses include all except:

7

Budgets help you identify and set money aside to reach your goals

8

Pre-Tax Expenses include:

9

It is wise to automatically pay yourself first

10

Living on a budget will help you:

11

A budget and a success plan is the same thing

12

Impulsive spending:

13

Guilt free spending is money set aside in your budget to have fun

14

Saving for retirement is critically important

15

Debt:

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