Budgets and Money

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

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

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

A plan for spending and saving. You must consider both income and expenses.

• budget

• banking

• hoarding

• investing

To use money to pay for something.

• spending

• cost

• deposit

• finance

Tags

CCSS.4.MD.B.4

Something you like to have such as toys.

• borrow

• saving

• needs

• wants

The price or amount you pay for something that you want or need.

• saving

• cost

• needs

• wants

Something you have to have such as food or water.

• savings

• needs

• wants

• borrow

Tags

CCSS.RL.2.1

CCSS.RI.2.1

CCSS.RL.3.2

CCSS.RL.3.1

CCSS.RL.2.2

Something you make to help you spend or save money wisely

• finance

• budget

• withdrawal

• wants