Budgeting

What does the word budget mean?

• A plan you make to save and spend money.

• How much money you make in a month.

• A card you use to spend money.

Pick 2 words that mean "how much money you earn".

• Credit Card

• Income

• Bank Account

• Salary

The word finances are related to _______.

• food

• jobs

• money

What is NOT an example of a bill you might have to pay every month?

• Cell Phone Bill

• Credit Card Bill

• Electricity Bill

• Clothing Bill

What are some utilities (services that you need in your house or apartment) you pay for in your house or apartment?

• Clothes

• Water

• Heat and Air Conditioning

• Electricity

What does the word debt mean?

• You have extra money to spend.

• You owe money to someone.

• You have saved a lot of money.

True or False?

All American Citizens must pay taxes.

(a)  

Which card allows you to spend more money, and pay it back later?

• Credit Card

• Debit Card

Which card is connected directly to your bank account, and you can only spend what you have in your bank account?

• Credit Card

• Debit Card

How do you feel about these words related to budgeting?

• I know all of these words.

• I know half of the words.

• I know none of these words.