Budgeting, Goal Setting and Financial Decision

A consumer is someone who

• buys something

• offer a service

• sells things

• consumes food

What is the main purpose of a budget

• needs vs wants

• to keep track of cash flow

• find new resources of income

• cause we need it

________________is the amount of money spent to buy goods and services for yourself

• debt

• needs

• wants

• expense

Something you work on to achieve over a period of time

• money

• need

• wants

• goal

A safe place that holds your money when you need it

• checkbook

• bank

• budget

• under the bed

Things necessary to live

• wants

• goals

• needs

• money

Money earned through employment and investments

• budget

• income

• expense

• debt

A short term goal can be achieved within

• 1 week

• 1 year

• 1 month

• 1 decade

An amount of money parents sometimes give to children

• allowance

• spend

• candy

• food

Things made to be sold

• services

• goods

• income

• budget