5.10E/F - Budgets and Adjustments

Jeffrey bought a new car and within two weeks he lost his job due to a cutback at work. He immediately found a new job but it paid less and now his budget doesn't balance with the new car payments. What should Jeffrey do?

• Take the bus to and from work to save on gas

• Quit paying on his car for a few months

• Take out a bank loan

• Reduce or eliminate his expenditures on the two vacations planned

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CCSS.7.NS.A.3

Juanita realized that she was going to be $75 short on balancing her budget for the next 2 months. What is an approach she could take to solve this problem?

• Change her cable subscription for a couple of months and

  hold a garage sale for some items she no longer needs

• Miss the next two months rent payments

• Miss her car payments the next two months

• Take the money from her savings account

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CCSS.6.EE.B.8

The chart shows Cynthia’s weekly budget. Cynthia wants to buy some new art supplies but also have a balanced budget. Based on Cynthia’s weekly budget, what is the greatest amount of money she can spend on art supplies?

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CCSS.7.EE.B.3

In September, Leo received his monthly paycheck of $2,319 and also sold his old bicycle for $90. The table shows his September budget without an amount for visiting restaurants.

What is the greatest amount of money Leo can spend on eating at restaurants this month and still have a balanced budget?

• $148

• $157

• $67

• $257

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CCSS.7.EE.B.3

In October, Leo’s only income will be his monthly paycheck. What adjustment should Leo make to his budget in October so that his expenses will not exceed his income?

• Skip paying his house payment in October

• Increase spending on TV and internet services

• Decrease the amount of his car payment for the month

• Reduce the number of times he eats at restaurants

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CCSS.7.NS.A.3

Javier needs to include money in next month’s budget for new work clothes. How can Javier best adjust his monthly budget to include money for new clothes while still keeping a balanced budget?

• Decrease spending on his car payment

• Increase spending on food

• Decrease the amount put into savings

• Skip spending on insurance for the month

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CCSS.6.NS.B.3

Javier’s monthly budget is shown in the chart.

Javier wants to put money in his savings but also have a balanced budget. Based on Javier’s current budget, what is the greatest amount of money he can put into savings each month?

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