Money Sense

A financial plan that helps you determine how to save and spend your money is called...

• bank

• budget

• expense

Money paid to buy the things you need and want is an

• expense

• savings

• sharing

Money put aside to use at a later time is called a _____________ account.

• savings

• spending

• sharing

What is the amount of money you earn every month by working or getting an allowance?

• budget

• income

• expenses

What are expenses that stay the same every month and do NOT change?

• variable

• fixed

• income

What are expenses that change from month to month?

• variable

• fixed

• income

What is a place that helps us store and manage our money?

• grocery store

• financial institution

• money plant

Which of these is a fixed expense?

• gas

• movie tickets

• rent

Which of these is a variable expense?

• insurance

• concert tickets

• rent

When Jermon buys groceries with his debit card where does the money come from?

• him mom

• his bank account

• a financial lender