Budgeting

Front

Which of the following is NOT a need/fixed expense? Food, Clothes, Netflix, Shelter

Back

Netflix

Front

A budget only works if...

Back

You are willing to follow it

Tags

CCSS.RI.7.3

CCSS.RI.7.5

CCSS.RI.8.3

CCSS.RI.8.5

CCSS.RI.9-10.5

Front

What is something financially wise consumers do?

Back

postpone major purchases until money can be saved for it

Front

Why budget? Options: prevent overspending, plan for future, save money, all of these

Back

all of these

Front

If expenses were to exceed income on a spending plan, what would be a financially smart solution?

Back

Decrease expenses

Front

A(n) _______ is a payment for a good or service
Options: budget, expense, income, cash flow

Back

expense

Tags

CCSS.L.8.6

CCSS.L.9-10.6

CCSS.W.7.2D

CCSS.W.8.2D

CCSS.W.9-10.2D

Front

Why is it important for budgeting to include savings?

Back

All of these: financial emergencies, exciting financial opportunities, financial security.

Front

A plan for your estimated income, expenses, and savings.

Back

Budget

Front

If your net monthly income from your job is $600, and you want to save 25%, how much would you save each month?

Back

$150

Tags

CCSS.6.RP.A.3C

Front

The money that you receive for mowing the lawn, babysitting or making good grades is called __________. Options: income, credit, debt, interest

Back

income

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C