TEKS.MATH.5.10E

Which of the following is considered a "need" when budgeting?

• money for eating out
• money for going to the movies
• money to pay for your house
• money for your dog's toys

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TEKS.MATH.5.10E

To put money aside for future needs or wants.

• spending
• save
• borrow
• give

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TEKS.MATH.5.10E

This month Mando’s expenses are greater than his income. What are two actions Mando can take in order to balance his budget?

• Increase expenses and decrease income
• Decrease expenses and decrease income
• Decrease expenses and increase income
• Increase expenses and increase income

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TEKS.MATH.5.10E

This month Mando’s expenses are greater than his income. What are two actions Mando can take in order to balance his budget?

• Increase expenses and decrease income

• Decrease expenses and decrease income

• Decrease expenses and increase income

• Increase expenses and increase income

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TEKS.MATH.5.10E

Martina’s checks for last month are shown in this table. At the end of the month, Martina was $15 overdrawn at the bank. Which action would BEST help Martina avoid being overdrawn again next month?

• Do not use any electricity for one month.

• Do not wash clothes in order to save water.

• Do not pay for home insurance until next month.

• Switch to a less expensive phone plan.

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TEKS.MATH.5.10E

Arturo earned $100 last month from his afternoon babysitting job. The table shows Arturo’s budget. Which is a true statement about Arturo’s budget?

• Arturo’s budget is not balanced because his expenses exceed his income.

• Arturo will have a surplus because he plans to spend less than he earned.

• Arturo’s budget is not balanced because he will spend all of his money.

• Arturo’s budget is balanced because his expenses equal his income.

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TEKS.MATH.5.10F

TEKS.MATH.5.10E

Arturo has an opportunity to buy a video game from his friend for $18. How can Arturo BEST adjust his budget so that he can afford the game?

• Do not buy gum and trading cards.

• Do not buy lunch at school.

• Do not buy movie tickets and gum.

• Do not buy popcorn at the movies.

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TEKS.MATH.5.10E

Rex deposits a $255 check from his weekend job as a clown. Rex plans a balanced budget for his earnings. He expects to spend $55 for the dentist and $120 for gasoline and other automobile expenses. He plans to have his clown shoes repaired for $15. He will donate $20 to the Needy Children Fund. Rex plans to spend some of his earnings for movies.

When Rex visits the dentist, he learns that he has a cavity. The cost to have the cavity filled is $32. Which of the following adjustments will BEST help Rex pay for the filling without going over budget?

• Do not have the shoes repaired.

• Do not donate to the Needy Children Fund.

• Do not buy gasoline.

• Spend less for movies.

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TEKS.MATH.5.10E

How many months of expenses should be set aside for an emergency fund?

• 3-6 months

• 6-12 months

• 12-18 months

• 1-3 months

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TEKS.MATH.5.10E

When could you use negative numbers in real life?

• Money

• Distance

• Temperature

• Height

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TEKS.MATH.5.10E