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Budget Balance Quiz

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About this activity

Test budget allocation basics.

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Philippines

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Budget Balance Quiz
 

Budget Balance QuizOnline version

Test budget allocation basics.

by MARIEL ROXAS
1

What is the first step in creating a monthly budget?

2

Which category should typically be prioritized in a basic needs budget?

3

Which expense is generally a fixed monthly cost?

4

Which is a smart way to handle discretionary spending?

5

An emergency fund should cover how many months of expenses (typical guidance)?

6

What is a common method to balance needs and wants?

7

Which expense can be reduced to free up budget for essentials?

8

What tool helps track income, bills, and spending?

9

Which action improves long-term financial stability?

10

Which is the healthiest budgeting habit?

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