Budgeting 101

​Budgeting 101

Some text here about the topic of discussion

Multiple Choice

What percentage of teens say that they are gamers?

• 47%

• 57%

• 67%

• 77%

Multiple Choice

Which of these is NOT a top 3 favorite snack brand among teens?

• Goldfish

• Lays

• Cheez-it

• Oreos

Multiple Select

Which are the top 3 spending categories among teens

• Food

• Shoes

• Clothing

• Car

List out your expenses and decide if they are needs or wants

​

Needs

vs.

Wants

​

• Coffee: 10 lattes @ $4 each

• Movies: 3 movies @ 10 each

• Food: 4 meals with friends @ $12 each; 20 snacks/energy drinks @$3 each

• Clothes: 3 trips to the mall with friends @ $30 per trip

• Car insurance: Parents make her pay $70/month toward policy in exchange for driving family car

• Gas for car: 2 fill-ups @ $35 each

• Cell phone: Parents expect her to pay $36/month toward family plan

• Shoes: 1 pair  @ $60

List out how much money you are making each month

​

Income

​

• Gross Pay

• Net Pay

• Side Hustle​

List out how much money you are spending each month, and what you are spending that money on.

​

Expenses

​

• Needs

• Wants

• Saving

​Category	​Want/Need	​Monthly Cost	​% of Total Cost
​Coffee	​	​	​
​Movies	​	​	​
​Food	​	​	​
​Clothes	​	​	​
​Car Insurance	​	​	​
​Gas	​	​	​
​Cell Phone	​	​	​
​Shoes	​	​	​
​	​	​	​