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Budgeting Vocabulary

Budgeting Vocabulary

Assessment

Flashcard

Mathematics

9th - 12th Grade

Practice Problem

Hard

CCSS
L.11-12.4C, RI.9-10.4, 3.OA.D.9

+7

Standards-aligned

Created by

Wayground Content

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Spending plan for managing money during a given period of time

Back

budget

2.

FLASHCARD QUESTION

Front

Expenses that do not change from month to month, such as auto insurance or rent.

Media Image

Back

Fixed Expenses

Tags

CCSS.3.OA.D.9

3.

FLASHCARD QUESTION

Front

Expenses that vary from month to month, such as entertainment, car repairs, or doctor bills.

Media Image

Back

Variable Expenses

4.

FLASHCARD QUESTION

Front

The next best alternative given up when making a financial choice.

Media Image

Back

Opportunity Cost

5.

FLASHCARD QUESTION

Front

The economic condition of limited resources that prevents people from having everything they want.

Media Image

Back

Scarcity

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

6.

FLASHCARD QUESTION

Front

To put money to use by buying a part of something, so that you may have profitable returns.

Back

Investing

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

7.

FLASHCARD QUESTION

Front

The making of a program to manage finances through budgeting and investment.

Back

Financial Planning

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