fixed and variable expenses

Of all the choices, which one should you budget for first?

• Cell phone bill

• Groceries

• New Car

Why is it important to track your spending?

• it's a good decision

• you can spend more money

• You know how much money you are spending and saving

Why is it important to save money?

• to have money in the bank

• so you can meet your goals

• to show others how to save

Gas to get to work

• Fixed Expense
• Variable Expense

Money that you make is called...

• income
• variable expense
• propery taxes
• fixed expense

Noah keeps track of his checking account balance by writing down all his purchases and deposits. The list below shows his transactions for a week.
- June 3rd, used debit card at coffee shop, $5.85
- June 4th, deposit of $20.00
- June 6th, used debit card for movie tickets, $9.75
- June 6th, used debit card for popcorn and snacks, $10.50
- June 8th, deposit, $115.34
What is the difference between the amount of money Noah spent and the amount of money Noah deposited?

• $109.24
• $203.34
• $150.24
• $254.05

What type of expense is paying your cell phone bill every month?

• fixed

• variable

Leonardo has 24 Pokemon cards he bought for $10. He sold each card for $2 each. What was Leonardo's profit?

• $38

• $58

• $20

• $48

Charity Donation

• Fixed Expense
• Variable Expense

Buying movie tickets

• neither

• both

• variable expense

• fixed expense