Week 26 Texas Studies Weekly

Article 1: What is a Budget?

A plan for how we use our money is called:

• spending

• a budget

• saving

• an outline

Article 1: What is a Budget?

What type of goals do people set when they create a budget?

• buying and selling goals

• selling and long term goals

• long-term and short-term goals

• indoor and outdoor spending goals

Article 1: What is a Budget?

"A budget shows your plan for how much money you want to save."

This means that a budget can help you...

• save money

• work harder

• start a business

• spend at the mall

Article 2: Budgeting for a Third Grader

What is the first thing to write down when you are creating a budget?

• how much money you don't want

• how much money someone has

• how much money you give away

• how much money you receive

Article 2: Budgeting for a Third Grader

What is an income?

• money you receive

• money you spend

• money you owe

• money on the table

Article 2: Budgeting for a Third Grader

After paying for the important things, what can you allocate money for?

• other things in a store

• other things you don't like

• other things you need

• other things you want

Article 3: Budgeting Time

If we don't have money, what can we have a budget for?

• our time

• our chores

• our savings

• from 1:00-6:00 pm

Article 3: Budgeting Time

How did the author come up with the two hours we can use for fun?

• by adding two to five hours

• by taking one out of five hours

• by taking four out of five hours

• by taking three out of five hours

Article 3: Budgeting Time

Which of these is NOT what the article wants us to do?

• Use time wisely

• Only have fun

• Budget our time

• Do chores on time

Article 4: How to Make a Budget

From the text, what does "allocate" mean?

• spend money wisely every month

• allow yourself to spend money

• create a budget for a month

• set money aside for something