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Subjects · Leaving Cert Home Economics

Leaving Cert Home Economics: Household budgeting

How often Household budgeting comes up on the Home Economics papers, every year it was asked, and questions to try.

HL Asked on 8 of the last 10 Higher Level papers, most recently in 2026. most years

OL Asked on 8 of the last 10 Ordinary Level papers, most recently in 2026. most years

Household budgeting, Higher Level(6 marks)

Quick ones on Household budgeting.

(a)Income remaining after tax and other deductions?
  1. Gross income
  2. Net income
  3. Discretionary income
(b)Type of expense that is the same amount every month, such as a mortgage repayment?
  1. A discretionary expense
  2. An irregular expense
  3. A fixed expense
(c)Money set aside in a budget for unexpected costs?
  1. A contingency fund
  2. A dividend
  3. A standing order
Show the answers

(a) Net income

(b) A fixed expense

(c) A contingency fund

Your turn: Higher Level questions on Household budgeting.

Higher Level

Asked on 8 of the last 10 Higher Level papers, most recently in 2026. most years

Every paper, year by year

YearWhere it came up
2026Q4
2025A11
2024Q4
2023C4
2022A10
2021Q4
2019Q4
2018A12
2017Not asked
2016Not asked

Links open the State Examinations Commission’s paper for that year.

Ordinary Level

Asked on 8 of the last 10 Ordinary Level papers, most recently in 2026. most years

Every paper, year by year

YearWhere it came up
2026A10
2025A11, Q4
2024Not asked
2023A11, C4
2022A11, A12
2021A13, Q4
2019A11
2018A9, A10
2017Not asked
2016A9, Q4

Links open the State Examinations Commission’s paper for that year.

More Household budgeting questions

Household budgeting, 2 marks

What is a household budget?

  1. A record of past shopping, kept on receipts
  2. A type of bank loan used to pay the household's bills
  3. A plan for how the household income will be spent
Show the answer

A plan for how the household income will be spent

A budget matches spending to income so the bills are covered and something can be put aside for savings.

Household budgeting, 2 marks

Which of these is a fixed household expense?

  1. Money spent on days out
  2. The rent or mortgage
  3. Weekly grocery shopping
Show the answer

The rent or mortgage

Fixed expenses are the same amount each time and must be paid, so they are budgeted for first.

Household budgeting, 3 marks

If income is greater than spending, the money left over is called?

  1. A surplus
  2. A deficit
  3. An overdraft
Show the answer

A surplus

A surplus can be saved or used to pay off debt. It is what makes it possible to plan for large costs ahead.

Other Home Economics topics

All of Leaving Cert Home Economics