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Spending Flashcards | StudBud
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Spending
Spending
24 terms
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StudBud Administration
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195 plays
Financial literacy project; 2nd grade
Flashcards
24 cards
F
Practice quiz
P
Host live
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Questions
24
Answers
1
This is....
a dime
a nickel
a quarter
a penny
2
I should keep sales receipts...
Until I put it on my spending log
Until I get home
Until I leave the store
As long as I need proof of the purchase
3
Changes can be made on my written spending plan
Once a month
As my needs change
Once every 6 months
Once a week
4
It is OK to buy everything I want
True
False
5
Saving provides money for
Emergency expenses
Unplanned expenses next year
All of the above
Expenses in 5 years
6
If I overspend my allowance, I can expect my parents to give me more money.
True
False
7
Everyone has the same spending plan
False
True
8
Giving to a church or charity can be a part of my spending plan
False
True
9
It is easier to return an item to the store if I have a receipt for it.
True
False
10
Spending plans are decisions about how you spend your allowance.
False
True
11
This is....
A dime
A penny
A quarter
A nickel
12
This is....
a dime
a nickel
a quarter
a penny
13
What should you do if you don't get a receipt?
Ignore the cost of the item
Write down the amount before you leave the store
Write down the amount after you get home
Just guess what you spent at the end of the week
14
A written spending plan is the best way to manage your allowance.
False
True
15
A spending plan can be made by....
Checking how much money is in your pocket
Deciding on what to purchase when you get to the store
Asking a friend to make it for you
Keeping a diary of expenses
16
This is...
a dime
a nickel
a quarter
a penny
17
Are you going to join Deca when you're in high school?
Yes
No
18
Which of the following is an example of responsible spending?
Buying an item that is included in my spending plan.
Spending more money than I planned to.
Buying an item that I want but don't need.
Always shopping at the most expensive stores.
19
Keeping records
All of the above
Makes me more responsible
Helps me stay in my spending plan
Helps me know what I spend
20
I need to be sure my allowance money lasts for the entire week.
Falso
True
21
Which of the following can be used to keep my spending records organized?
Shoe boxes
All of the above
envelopes
file folders
22
Which of the following is not a spending plan category?
Candy
Transportation
Entertainment
Clothing
23
Spending plans should be discussed with your parents
False
True
24
My spending plan must always stay the same for my whole life
True
False
