Budgeting
What is a budget?
A plan for how to spend your money
Compound interest
True or false: People can steal your identity if they know your social security number
True
True or false: Companies study human psychology in order to get us to buy more from them
True
Which 2 presidents appear on both coins and dollar bills?
George Washington and Abraham Lincoln
All of the following are considered a need EXCEPT:
Music streaming subscription
Gas for your car
Monthly health insurance premium
Rent
1. Music streaming subscription
Name an example of a long-term saving goal
A car, a house, college, etc.
What can an identity thief do with your credit card information? Choose all that apply:
a. Get a new birth certificate
b. Buy things
c. Get medical care
d. Get a new social security number
Buy things and get medical care
What is one reason to keep a receipt?
To make sure you weren't charged incorrectly
In case you want to return an item
They have your credit card information
In November 2025, the government announced that they would stop making this type of US currency after 230 years. What was it?
Why should you create a budget?
It helps you know where your money is going, make sure you have enough money to pay for your needs
20%
What is phishing?
When scammers use email or text messages to trick you into revealing your personal information
Why do stores put things on sale?
To encourage you to buy more
Who is on the $1 coin (not bill)?
Sacagawea
In the federal government's budget, which type of spending makes up the majority of the budget: discretionary spending or mandatory spending?
Mandatory spending
Why should you put your savings into a savings account instead of keeping it in your drawer or piggy bank?
Your money is safer in a savings account, and you earn interest from your savings account
Which of these websites is most secure?
htp://educationisfun.com
https://educotionisfun.comt
Name 3 things you might do when comparison shopping
Set a budget
Decide what matters
Use Search Engines
Read Reviews
Consider Brand Reputation
Check Comparison Sites
Use Coupons
What government program makes up the largest part of the federal government's budget?
Social Security
What is the formula for calculating interest?
Interest = Principal x Rate x Time
Name the 4 aspects of digital citizenship
Digital Health and Wellness
Online Safety
Cyberbullying
Digital Responsibility
What part of a receipt at a restaurant would NOT be included in a receipt for clothes you buy at a store?
Tip
What is Mr Beberniss' favorite football team?
Denver Broncos