Budgeting | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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questions on budgeting

Study Slideshow

How does having a budget give you control over your money?

You gain control of your money by organizing your spendings and savings

5

Earn 10 points

+10 points

10

True or False: Budgeting helps prevent overspending

True

10

True or false: Budgeting is important to your financial success

true

10

What kind of events is the event budget for?

Vacation, special party or projects like home remodel

5

What is an income?

The money you earn from a job

10

True or False: Variable costs are expenses that do not change each month.

False

15

Give an example of fixed cost.

rent, utilities, insurance, car payment, phone bill

15

True or false: Fixed costs are expenses that stay the same each month.

True

15

When making a budget, a person's needs should come before their wants

True

10

Lose 5 points

-5 points

15

True or False: Math is used in everyday life and not just in the classroom

True

15

Which is NOT a type of budget

business budget

clothes budget

personal or household budget

event budget

10

Ace's car holds 20 gallons of gas. If gas is $2.00 per gallon, how much will it cost Ace to fill up his car?

$40.00

20

Give an example of wants

clothing, entertainment, etc

10

What is a need?

something you must have

10