Any money that comes into your household during a budgeting cycle.

Money that is set aside (not spent) for unexpected expenses that MUST be paid and CANNOT wait.

Those things you believe are MOST important to you as well as the world and you are willing to make sacrifices for.

The various choices/options you have when making a decision about how to spend an amount of money.

Rent, electricity, gas, phone, groceries are examples of costs which are called what?

The idea of "PAY YOURSELF FIRST" could be one way of looking at being sure to put money into saving before putting it in your wants or spending money portion of your budget.

Something you get for making a choice in a trade-off, generally considered a desirable outcome of your choice.

Elijah has $100 and decides to spend it on a concert ticket instead of saving it for a new video game. As a result of this choice, Elijah will not be able to buy the video game as soon. This is an example of an ____.

If you get money each week from your parents, possibly for doing chores, this is called what?

A plan for spending and saving income during a set period of time.