Budget: Planning Your Money

Fill in the blank: I make a _______ to plan how much I can spend on food.

• budget

• menu

• diary

• record

Tags

CCSS.L.4.6

CCSS.L.1.6

CCSS.L.3.6

CCSS.L.K.5A

A budget is a plan for how you will spend your money. Choose one thing that you would include in your budget.

• Income

• Expenses

• Savings

• Entertainment

Fill in the blank: I use my _______ account to buy groceries.

• checking

• savings

• credit

• debit

Tags

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.1.5

CCSS.RI.2.3

CCSS.RI.3.3

A checking account is where you keep money for everyday spending. What would you buy using money from a checking account?

• Everyday items, such as groceries

• A car

• A house

• Luxury accessories

Tags

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.1.5

CCSS.RI.4.5

CCSS.RI.K.5

Fill in the blank: I put money in my ______ account to use later.

• savings

• checking

• credit

• investment

Tags

CCSS.RF.2.3C

CCSS.RF.2.3D

CCSS.RF.2.3E

CCSS.RF.2.3F

CCSS.RF.2.4

What would you like to save money for? (Select one option)

• Education

• Retirement

• Vacation

• Emergency

A debit card uses money from your checking account. Fill in the blank: I use my _______ card to buy things with my own money.

• debit

• credit

• savings

• prepaid

Tags

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.2.3

CCSS.RI.1.3

CCSS.RI.3.3

A debit card uses money from your checking account. You would use it when making a purchase using funds directly from your checking account.

• To make a purchase using your checking account funds

• To take out a loan

• To deposit money

• To invest money

Fill in the blank: I used _______ to buy something and will pay for it next month.

• credit card

• cash

• check

• debit card

Tags

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.1.5

CCSS.RI.2.3

CCSS.RI.1.3

Being careful with credit is important because it prevents excessive debt.

• It prevents excessive debt.

• It increases financial risk.

• It has no impact.

• It automatically improves credit score.

Tags

CCSS.RI.1.2

CCSS.RI.2.1

CCSS.RL.1.2

CCSS.RL.2.1

CCSS.RL.2.2