Budgets

A plan on how to spend and save money

• Saving

• Spending

• Budget

• Income

Money that comes from outside sources such as a job or career

• Income

• Wage

• Salary

• Investments

Basic needs that a household must pay for such as housing, groceries, healthcare, utilities, etc.

• Spending

• Saving

• Expenses

• Budget

Setting money aside to use in the future

• Budget

• Expense

• Income

• Saving

Which of the following is not a basic need?

• food

• utilities

• vacation

• housing

A detailed budget will include _______, expenses and savings.

• salary

• retirement

• wage

• income

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

It is not important to consider saving money for the future.

• True

• False

Tags

CCSS.RI.7.2

CCSS.RI.8.2

CCSS.RL.11-12.2

CCSS.RL.8.1

CCSS.RL.9-10.2

Where does the money come from for a household to survive on a monthly basis?

• Emergencies

• Income

• Expenses

• Savings

If an expense can be cut from your budget to save money, it is considered a ______.

• Income
• Want
• Need
• Savings

Tags

CCSS.L.11-12.4C

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

CCSS.L.9-10.4C

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

• Income
• Want
• Need
• Savings

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4