Needs Vs Wants
Food
What is a need?
Helps you determine how much money you have to spend.
What is a reason to budget?
Apple Jacks from Target:
A) 2.99,
B) 5.99,
C) 1.50
What is A) $2.99
What is the current sales tax rate in VA?
What is %5.3
Money that you spend or give away.
What is an expense?
Going out to dinner
What is a want?
Person who gets the most for their money.
What is a good consumer?
The game Apples to Apples from Target.
A) 30.99
B) 19.99
C) 7.99
What is B) $19.99
These are taxable food items.
What are meals from a restaurant?
Money that you put away to use later.
What is savings?
Winter coat
What is need?
Use these pieces of paper from magazines or the store website to get money off at the store.
What are coupons?
Just Dance 2015 for Wii
A) 39.99
B) 15.99
C) 59.99
What is A) $39.99
The place where the seller sends the sales tax they've collected.
What is the state?
A plan for spending and saving money.
What is a budget?
Designer shoes
What is a want?
Write one of these before you go to the grocery store to save money
What is a grocery/shopping list?
Off Brand/Generic Ugg boots (not real Uggs) from Target
A) 99.99
B) 59.99
C) 31.99
What is C) $31.99
Unprepared food and clothing
What is a nontaxable item?
A fixed regular payment made by an employer to an employee.
What is salary or wages?
The Brand New iPhone
What is a want?
When you receive income you should first put this much into savings.
What is %20 of your income?
Couch from IKEA.
A) 399.99
B) 109.99
C) 899.99
What is A) $399.99
The sales tax on a $230 bike.
A.) $12.19
B.) $23.00
C.) $15.24
What is a) ?
Using more money than you have available?
What is overspending?