Budgets

Which of the following is an example of a need for most people?

• A place to live
• A nice car
• Designer jeans

It's important to spend money on things you need before spending money on things you want.

• True
• False

Which of the following is an example of a want for most people?

• A warm jacket
• Transportation
• Ice cream

People who earn paychecks pay income taxes to the government.

• True
• False

A salary is paid over a set period of time.

• True
• False

People who are paid by the hour earn a salary.

• True
• False

Tags

CCSS.RL.8.2

CCSS.RI.8.2

CCSS.RL.7.2

CCSS.RI.7.2

CCSS.RL.9-10.2

Paying with a ______ _____ takes cash of your checking account.

• Credit card
• Debit Card
• Gift Card

What's the best way to know if you are getting a good deal on what you're buying?

• Return policy
• Compare prices
• Ask Friends

Food, heat, cable, internet, and dog food are examples of what?

• Household assets
• Household income
• Household expenses

Having enough money to cover all your expenses mean you have ____

• Debt
• Balanced Budget
• Uneven Budget