Managing Life Skills ©2011

Game Center :

Practice Quizzes - Section 2

1
Which is not a reason to manage your money?
A)You should be able to spend what you want
B)You can purchase special items
C)You can prepare for financial emergencies
D)You can gain financial independence
2
What word best describes people who spend freely and save less?
A)Conservative
B)Miserly
C)Impulsive
D)Generous
3
Which of the following is a long-term financial goal?
A)Purchasing tickets to a rock concert
B)Planning for spring break
C)Paying for college
D)Buying a new outfit
4
Which of the following is a short-term financial goal?
A)Buying a new cell phone
B)Buying a home
C)Purchasing a car
D)Investing in a business
5
Which of the following is not part of creating a budget?
A)Estimating your expenses
B)Estimating your income
C)Creating a to-do list
D)Planning for savings
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