Money Matters
This is the amount of money you earn before any taxes or deductions are taken off.
What is gross pay?
This payment is usually equal to one month’s rent and can be kept by the landlord for damage.
What is the security deposit?
This fluid keeps your engine from overheating.
What is coolant/antifreeze?
This tool helps you keep track of deadlines, appointments, and schedules.
What is a calendar or planner?
This household item mysteriously disappears more than socks.
What are Tupperware lids?
This type of expense stays the same every month (like rent or a phone bill).
What is a fixed expense?
These are monthly household costs like electricity, heat, and water.
What are utilities?
Items like a first-aid kit, charger, and snacks are called this when preparing for a road trip.
What are road-trip essentials? or What is a safety kit?
This card allows Alberta residents to access medically necessary health services without paying out of pocket.(Hint you need this when attending appointments or going to emergency)
What is the Alberta Health Care card?
This chore always seems to come back no matter how many times you do it.
What is laundry?
Shows how much money you made and what taxes were taken off.
What is a T4?
This legal document outlines rules, rent amount, and responsibilities for tenants.
What is a lease or rental agreement?
This important item must always be in the car when you’re driving—your license AND this document.
What is proof of insurance/registration?
This strategy involves setting aside money regularly to prepare for unexpected expenses.
What is saving (or an emergency fund)?
This bill comes every month and is easy to forget until your data suddenly stops working.
What is your phone bill?
The “50” in the 50-30-20 rule represents this type of spending.
What are needs?
An agreement refers to a written contract between people sharing a rental unit.
What is an roommate agreement?
This fluid helps your car stop safely and should be checked to maintain proper braking.
What is brake fluid?
This is the act of preparing meals at home instead of eating out to save money and often eat healthier.
What is meal prepping (or cooking at home)?
The adulting skill no one prepared you for: staying calm while this light appears in your car.
What is the check engine light?
Borrowing money that you have to pay back.
What is credit?
A landlord wants to enter your rental unit to do an inspection. What must they do first to legally enter (unless it’s an emergency)?
What is give proper notice (usually 24 hours) to the tenant.
This mobile tool helps you plan routes, track buses, and check delays in real time.
What is a transit app?
This is the ability to say no and communicate your limits in a respectful way.
What are boundaries?
The reason adults say “We have food at home.”
What is saving money?