11/17 Do Now

What kind of software is Excel?

• Spreadsheet software
• Word Processing
• Drawing

Excel is part of?

• Power Point
• Microsoft Office Suite
• Access
• Google

True or False: Spreadsheets can be used in everyday life by analyzing sports stats, grades, and creating a budget for expenses?

• false
• true

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

• Income
• Savings
• Budget
• Expenses

Income = ______ + Savings

• Needs
• Wants
• Expenses
• Discretionary

The income part of a personal budget

• is not important if it is large.

• only includes money from a paycheck (job).

• includes all income from various sources.

• is the amount left over.

The expenses section of a personal budget

• should be larger than the income section of the budget.

• shows the amount of money that is spent each month.

• includes the amount of interest earned on investments.

• is not important if income is greater than expenses.

A budget is a list of

• income and expenditures

• things to buy

• how much to save

• needs and wants

All of these are "NEEDS" EXCEPT:

• BUS FARE

• MOVIE TICKETS

• RENT

• GROCERIES

Which word of phrase should be at the top of the left column of this budget?

• Cash flow

• Fixed costs

• Income

• Savings