Budget Project

To find your yearly pay, you

• multiply your weekly pay by 12

• multiply your bi-weekly pay by 12

• multiply your monthly pay by 12

What type of utility may be included in your rent?

• water

• garbage

• electric

A furnished apartment includes all furniture.

• true

• false

A furnished apartment includes things like a refrigerator and stove.

• true

• false

Your budget cannot change from month to month.

• false

• true

Some things to consider when making a budget are:

• monthly income

• rent

• food

• fun things to do!

• savings

You should buy everything new!

• true

• false

Your "budget" and "spent" entries will always be the same.

• true

• false

Total income - total expenses =

• net income

• gross income

• trouble

• taxable income

What will you find in the "Housing" section of your budget?

• rent/mortgage

• insurance

• taxes

• repairs

• phone/Internet