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Money Matters

Macromgigs

Created on March 23, 2026

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Question - Answer

Transcript

QUIZ

Money Matters

Let's talk about Money

Start

QUESTION 1/6 - Asset

Question 1/6 - Asset

Explanation

An asset is something you own that has value or can help you make money. Example: Money, a bike, or a business

QUESTION 2/6 - Debt

QUESTION 2/6 - Debt

Explanation

Debt is money you owe to someone else and need to pay backExample: Borrowing money from a friend

QUESTION 3/6 - Income

QUESTION 3/6 - Income

Explanation

An income is money you earn from working, doing chores, or a job Example: Allwance or getting paid for helping someone

QUESTION 4/6 - Expense

QUESTION 4/6 - Expense

Explanation

An expense is money you spend to buy things you need or want Example: Buying food, toys, or clothes

QUESTION 5/6 - Savings

QUESTION 5/6 - Savings

Explanation

Savings are money you keep and don't spend so you may use it later Example: Putting money in your piggy bank

QUESTION 6/6 - Budget

QUESTION 6/6 - Budget

Explanation

A budget is a plan for how you will spend and save your money Example: I have $3. I bought a bag of veggie straws, but I did not buy the pack of candy.

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Congratulations

Congratulations

Now you know the basics about money. Click the star for ideas to make money

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