Everfi VAULT Module 2: Budgeting and Spending
Assessment
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Marge Melfi
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Specialty
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5th - 12th Grade
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482 plays
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Hard
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10 questions
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1.
Multiple Choice
Tracking your spending can help you _____.
a. spend more money
b. make good decisions
c. know where your money is being spent
d. spend less money
2.
Multiple Choice
Why is saving money important?
a. Saving money can help you meet goals.
b. It’s important to show off how much money you have.
c. It’s important to fill your money jar.
d. Saving money is important for spending.
3.
Multiple Choice
Buying a cheaper product sometimes can help you _____.
a. create a budget
b. reach a savings goal
c. afford an opportunity cost
d. track spending
4.
Multiple Choice
If you have a budget, you have _____.
a. afford nicer things
b. spend all the money you want
c. a plan for using your money over a set period of time
d. a good idea of how much money you’ll make
5.
Multiple Choice
Keeping track of what you earn, spend, and save are they key parts of a _____.
a. monthly allowance
b. investment strategy
. paycheck
d. budget
6.
Multiple Choice
Cutting back on expenses can help you save money, which will _____.
a. help you afford nicer things
b. add up fast and help you save for your goals
c. help you spend more money
d. help you choose the right investment
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