Budgeting

My family is going on vacation this summer, so we are sticking to a ______ to save money.

• Income
• Savings
• Budget
• Expenses

Daycare can be very expensive! My friend pays $972 every month for her 3 year old daughter. 
This is considered a

• Fixed Expense
• Variable Expense
• Discretionary Expense
• Income

If an expense can not be cut from your budget to save money, it is considered a _____.

• Income
• Want
• Need
• Savings

To have a __________ at the end of the month, I have to make sure I don't spend more than I earn and have some money to save at the end of the month.

• Income
• Expense
• Balanced Budget
• Savings

At the end of the month, the money I haven't spent is ________.

• Spent quickly
• Income
• Savings
• Expenses

When you are making payments on a car and/or house you have a _____.

• Withdraw
• Bankruptcy
• Debt
• Overdraw

It is safer to keep your money here than at home under your mattress.

• Balance
• Want
• Inflation
• Bank

When there is a fundraiser at school, it is much easier to pay with a _____ instead of handing a student cash or my credit card information.

• Overdraw
• Withdraw
• Check
• Savings

When I need to ______ money from my checking account, I can use my debit card at an ATM.

• Overdraw
• Inflation
• Balance
• Withdraw

Leon listed some expenses from last month on this table. Which of the following is a fixed expense?

• Gifts for friends

• Sodas

• Car payment

• Sports tickets