Ch. 21 Economics Daily Grade

A budget helps you by: (Choose three correct answers)

• organizing personal finances
• manage your cash flow
• making personal economic decisions for the present and future
• spending money on unnecessary goods and services
• making sure your finances are not balanced

what you give up to get something else

the good thing you get as a result of a decision

a plan of how to use income

money that is earned

money that you spend to buy or do something

to use income to buy goods or services

to keep (set aside) income for future use

To give away income to help other people