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Smart Money: Needs vs. Wants Quiz

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Smart Money: Needs vs. Wants: a General level Life Skills quiz. Test your knowledge with 9 questions!

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Questions

Question 1

What should you prioritize in your budget?

A Impulse buys

B Wants

C Needs

D Expensive hobbies

Question 2

What is an 'impulse buy'?

A A planned purchase

B A bill that must be paid

C A purchase made without thinking

D A grocery essential

Question 3

Which is an example of a fixed expense?

A Buying snacks

B Rent

C Eating at a restaurant

D Clothing shopping

Question 4

If your income is lower than your expenses, you have a:

A Deficit

B Bonus

C Profit

D Surplus

Question 5

How can you tell if something is a 'need'?

A It makes you look cool

B It is on sale

C Your friends have it

D You cannot survive or work without it

📋 This quiz has 9 questions in total.