Budget & Banking

My family is going on vacation this summer, so we are sticking to a ______ to save money.

• Income
• Savings
• Budget
• Expenses

If we decide to go to Top Golf over Spring Break, it would be considered a __________.

• Variable Expense
• Fixed Expense
• Discretionary Expense
• Income

Because the amount of money I spend on gas depends on the price of gas and how much I use, it is considered a...

• Fixed Expense
• Variable Expense
• Discretionary Expense
• Income

Daycare can be very expensive! My friend pays $972 every month for her 3 year old daughter. 
This is considered a

• Fixed Expense
• Variable Expense
• Discretionary Expense
• Income

If an expense can be cut from your budget to save money, it is considered a ______.

• Income
• Want
• Need
• Savings

If an expense can not be cut from your budget to save money, it is considered a _____.

• Income
• Want
• Need
• Savings

To have a __________ at the end of the month, I have to make sure I don't spend more than I earn and have some money to save at the end of the month.

• Income
• Expense
• Balanced Budget
• Savings

An 8th grader makes and sells earrings as a way to earn extra money. The money she gets is considered _______.

• Needs
• Wants
• Income
• Expenses

At the end of the month, the money I haven't spent is ________.

• Spent quickly
• Income
• Savings
• Expenses

Income = ______ + Savings

• Needs
• Wants
• Expenses
• Discretionary