Budgets

Money that your earn is called a(n)____.

• expense

• income

• debit

• credit

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

• budget

• banking

• hoarding

• investing

If your income is $20 per month, how much should you spend each month to stay on budget?

• exactly $20

• between $20 and $30

• nothing

• $20 or less

Tags

CCSS.7.EE.B.3

The circle graph shows Haley’s monthly budget. What percent of her budget is for housing?

• 18%
• 28%
• 13%
• 8%

Tags

CCSS.6.RP.A.3C

If the Moore's monthly income is $5,000 what amount of their budget is spent on miscellaneous expenses?

• $2,000
• $.08
• $200
• $4

Tags

CCSS.6.RP.A.3C

If the Talbot family's income is $3,200 what percent of their budget is spent on medical expenses?

• 15%
• .15%
• 150%
• 100%

The graph above represents a family’s monthly budget. The family’s income is $3,125. How much money does the family spend on utilities, transportation costs, and savings?

• $1000.93

• $1093.75

• $1937.50

• $2037.50

Tags

CCSS.6.RP.A.3C

Which of the following statements is supported by the data in the graph? (Total = $2500)

• Housing, transportation, and entertainment make up 50% of the monthly family budget.

• Savings is less than 10% of the monthly family budget.

• Food and utilities make up more than 50% of the monthly family budget.

• Food makes up 1/4 of the monthly family budget

Tags

CCSS.7.RP.A.2C

If Ryan's take-home pay is $3600, what percentage does he pay for rent if rent is $900.

• 25%

• 4%

• 0.04 %

• 0.25 %

Ryan would like to save 15% of his take-home pay towards retirement. How much should he save each month if he makes $5,000 each month?

• $750

• $75,000

• $1125

• $75

Tags

CCSS.6.RP.A.3C