Financial Literacy
Grade 10•45 minutes
Learning Objective
I can create a personal budget that tracks my income and expenses.
Practice Questions
This lesson includes 7 practice questions to reinforce learning.
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1. Define what a budget is and explain its importance in managing personal finances.
2. List three examples of needs and three examples of wants. How can distinguishing between these two categories help you in budgeting?
3. Describe the difference between saving and borrowing. Provide an example of a situation where you would choose to save rather than borrow money.
...and 4 more questions
Educational Video
Financial Literacy for Kids | Learn the basics of finance and budgeting
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