Budgeting

What is a budget?

• A calendar used to plan out your activities for the month

• A plan for spending and saving your money

• A plan to manage your time for the day

• A type of savings account

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

• Income

• Want

• Need

• Savings

What is income?

• The money that you earn

• The money that you spend

• Making a withdrawal

• Making a phone call

An expense that you can remove from your budget to save money, it is considered a _____.

• Income

• Want

• Need

• Savings

Want or Need?

• 
• 

A holiday is an example of a _________

• need

• want

If your goal is to save money with your budget. It is dinner time. What should you do for dinner?

• Cook at home

• Go to a restaurant

• Order pizza for delivery