Financial Literacy review

Expenses that happen each month and are about the same amount.

• Fixed Expenses
• Variable Expenses

Expenses that don't happen each month, or the price of the items or services change. They do not stay the same. The cost changes.

• Fixed Expense
• Variable Expense

Flat tire repair -

• Fixed expense
• Variable expense

House rent or monthly payment

• Fixed expense
• variable expense

Monthly grocery bill

• Fixed expense
• Variable expense

Money that you receive for a job.

• Expenses
• Savings
• Income
• Withdrawl

Monthly Netflix bill

• Fixed expense
• Variable expense

Monthly gym membership

• Fixed Expense
• Variable expense

Monthly gas expense

• Fixed expense
• Variable expense

Money that you take OUT of your account. It can be used to pay bills, things you need, or for entertainment.

• Deposit
• Savings
• Income
• Withdrawal

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3