U5 L14 Personal Budget

U5 L14 Personal Budget

Open Ended

List the types of expenses your family has EVERY month. (Fixed Expenses)

Open Ended

List the types of expenses your family has SOME months. (Variable expenses)

Multiple Choice

What do you divide each expense by to determine the percent of the total budget that it takes up?

• The annual income

• The interest rate

• The total monthly budget

• The total Savings

Multiple Choice

Calculate the amount of money that will go into SAVINGS in December.

• $100

• $200

• $300

• $1,900

Multiple Choice

Calculate the percent that RENT is of the total monthly income.

• 60%

• 50%

• 45%

• 52%

Multiple Choice

Calculate the percent that UTILITIES are of the total monthly income.

• 1%

• 15%

• 10%

• 5%

Multiple Choice

Calculate the percent that CELL PHONE BILL is of the total monthly income.

• 25%

• 0.25%

• 0.025%

• 2.5%

Multiple Choice

Calculate the percent that CAR INSURANCE is of the total monthly income.

• 10%

• 0.1%

• 1%

• 1.0%

Multiple Choice

Calculate the percent that HOLIDAY GIFTS is of the total monthly income.

• 0.225%

• 2.25%

• 22.5%

• 225%

Multiple Choice

Calculate the percent that SAVINGS are of the total monthly income.

• 0.05%

• 0.5%

• 5.0%

• 55%

Multiple Choice

Calculate the amount of money that will go into SAVINGS in July.

• $200

• $500

• $50

• $1950

Multiple Choice

Calculate the percent that RENT is of the total monthly income.

• 60%

• 50%

• 45%

• 52%

Multiple Choice

Calculate the percent that UTILITIES are of the total monthly income.

• 1%

• 15%

• 10%

• 5%

Multiple Choice

Calculate the percent that CELL PHONE BILL is of the total monthly income.

• 25%

• 0.25%

• 0.025%

• 2.5%

Multiple Choice

Calculate the percent that CAR INSURANCE is of the total monthly income.

• 10%

• 0.1%

• 1%

• 1.0%

Multiple Choice

Calculate the percent that VACATION FUNDS is of the total monthly income.

• 2.5%

• 25%

• 0.025%

• 0.25%

Multiple Choice

Calculate the percent that SAVINGS are of the total monthly income.

• 0.025%

• 0.25%

• 2.5%

• 25%