50-20-30
What the 50 stands for in the 50-20-30 budget.
What is Needs.
What is the name of the budget where you keep track of everything you spend and always have $0.00 left at the end of the month?
What is The Zero Based Budget
I spend $204.20 of my food budget which is $500.00 a month. What percent of my food budget have I spend? (round the percent to two decimal places)
$204.20/ $500= .4084 =48.04%
What sport does Mrs. Baker coach at DCR?
What is Soccer
What the 20 stands for in the 50-20-30 budget.
What is Savings.
What budget is famous for keeping mostly cash to pay for things?
What is the Cash-Envelope Budget.
I just rented an apartment for $782.20 a month. My needs budget is $1,250.00 a month. What percent of my needs budget have I spent? (round the percent to two decimal places)
$782.20/ $1,250.00= .62576= 62.58%
Who is her husband's grandpa.
A family decides to do the 50-20-30 budget. They have $4,280 to spend a month. How much should they set aside for their wants?
The vocab word for your salary BEFORE your taxes are taken out.
What is your Gross Income
I bought $312.10 worth of clothes last year. My budget was $500 a year. What percent of my clothes budget do have I left to spent? (round the percent to two decimal places)
$312.10/ $500= 62.42%
100%- 62.42%= 37.58%
Who is David Dobrick.
You go to college and you decide to follow the 50-20-30 plan. You have only $1,213 to spend a month. You want to get an off campus apartment for $650 a month. Will that fit into your budget? *you MUST support your answer*
What is NO. 50% of $1,213 is $606.50.
$650.00 is over budget.
The name of your salary after taxes are taken out.
What is net income
My Gross Income per year is $48,500. I get taxed at 24% (Including all taxes). What is my net income?
Taxes: $48,500(.24)= $11,640
Net Income= $48,500- $11,640= $36,860
What is Mrs. Bakers favorite sports team of all time?
The Chicago Bears
You go to college and you decide to follow the 50-20-30 plan. You have only $1,213 to spend a month. You want to get an off campus apartment for $400 a month. What percent of your NEEDS budget will you have left to spend.
50% of $1,213 is $606.50.
% of Needs Budget= 400/606.50= .659= 66%
Name 3 different taxes or Deductions that are taken out of your paycheck.
What is: Federal, FICA (Medicare, Medicaid), State, Social Security ,
Health Insurance, Vision Insurance, Retirement, Etc...
My Gross Income per year is $150,890. I get taxed at 28% (Including all taxes). What is my net income per month?
Taxes: $150,890(.28)=$42,249.20
Net Income= $150,890-$42,249.20=$108,641
Per Month= $108,641/12= $9,053.00
What sports did Mrs. Baker play in high school? (must get 2 of 3 to get the points)
Soccer, Volleyball, Football