Budget Review

wealth = (a)   - debt

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CCSS.7.EE.B.3

CCSS.7.EE.B.4

Income after taxes are deducted

• Estimate

• Net Pay

• Overspend

• Need

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CCSS.7.EE.B.3

CCSS.7.RP.A.3

A plan for how you spend and save your money

• Budget

• Burrito

• Net Pay

• Overspend

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CCSS.7.EE.B.3

CCSS.7.RP.A.3

CCSS.7.EE.B.4

something you must have to survive

• want

• need

• expense

A budget helps you save money for the things you really want.

• True

• False

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CCSS.7.RP.A.3

CCSS.7.RP.A.2

CCSS.7.NS.A.1

The following is an example of a want

• food

• utilities

• child care

• flat screen TV

Grocery stores do all the following to make you spend more money EXCEPT:

• accept coupons

• put bakery items near the front

• advertise "10 for $10" when the true price $1 each

• place expensive items at eye level

Which of the following are freelancers responsible for? (3 answers)

• paying their own taxes

• funding their own retirement

• buying their health insurance

• attending paid training

What is the weekly food costs for a male age 40 on the liberal plan?

(a)  

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CCSS.7.EE.B.3

CCSS.7.NS.A.3

Laundry detergent costs $7.62 for 2.5 liters. What is the unit cost?

• $3.00 per liter

• $3.05 per liter

• $0.33 per liter

• $7.62

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CCSS.7.RP.A.3

CCSS.7.NS.A.3

CCSS.7.RP.A.2

CCSS.7.RP.A.1