Budgeting

You go to Starbucks and buy two double mochas for you and a friend. The bill comes to $7.53. How much change do you get back from a $10 bill?

• $2.49

• 247 cents

• $3.43

• $ 2.47

Things necessary to live

• wants
• goals
• needs
• money

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

Is a spending plan for managing money during a given period of time

• debt
• expense
• budget
• fixed expense

Occurs when you spend more money than you actually have

• withdrawal
• income
• overdraft
• goal

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.3.10

CCSS.RI.11-12.4

CCSS.RI.8.4

when you put money in the bank you are making a 

• withdrawal
• debt
• deposit
• income

Tags

CCSS.RI.9-10.4

CCSS.RI.3.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.8.4

The amount of money you have available in your account to spend

• deposit
• debt
• balance
• withdrawal

Tags

CCSS.RI.9-10.4

CCSS.RI.3.10

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.4.10

Money that is earned through a job.

• Interest
• Income
• Expense

Which of the following is NOT a need?

• Food
• Clothes
• Netflix
• Shelther

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

Why budget?

• prevent debt
• plan for future
• save money
• all of these

Utilities

• unexpected expense
• Regular income
• variable expense
• Variable income