💵 Income & Expenses
Money that you earn from a job or business is called this.
What is income?
You NEED this to survive.
What is water?
A person who starts a business is called this.
What is an entrepreneur?
This brand is known for the slogan:
“Finger Lickin’ Good.”
What is KFC? 🍗
If you save your money instead of spending it immediately, you are practicing this good habit.
What is saving?
Money you spend on things like food, clothes, or bills are called these.
What are expenses?
True or False:
A PS5 is considered a need.
What is false?
If a Shark gives you money for your business, that is called this.
What is an investment?
This company’s logo is a green siren/mermaid, and people often go there for frappes and cake pops.
What is Starbucks? ☕
True or False:
Buying 17 bags of Takis with your last $20 is probably a smart financial decision.
What is false?
True or False:
A phone bill is considered an expense.
What is true?
This is something you WANT, not something you NEED:
A) Vegetables
B) Shelter
C) Jordans
D) Water
What are Jordans?
True or False:
A good business usually solves a problem or gives people something they want.
What is true?
This video app is known for short clips, trends, and dances.
What is TikTok?
This animal is famous for hiding and storing food for later.
What is a squirrel? 🐿️
If you buy snacks, video games, and shoes all the time without planning, what could happen to your money?
What is you could run out of money/spend too much money?
A student says:
“I NEED Takis every day.”
Is Takis a need or a want?
What is a want?
This animal can sleep for almost 20 hours a day.
What is a cat?
😭🐈
This animal is known for carrying its home on its back.
What is a turtle? 🐢
A student has:
$50 total
spends $20 on shoes
spends $15 on food
How much money is left?
What is $15?
A person earns $100 babysitting but spends $90 on snacks and shopping. How much money do they have left?
What is $10?
This rapper once said:
“Got no job, still spending money.”
Who is most likely making BAD money decisions? 😭
A) Someone saving money
B) Someone budgeting carefully
C) Someone spending without income
D) Someone paying bills first
What is:
C) Someone spending without income?
A student creates a business selling spicy ramen during lunch and makes $40 in one day.
What is the MAIN reason this business made money?
A) Nobody likes ramen
B) The product solved a problem/want
C) The student got lucky
D) The ramen was free
What is:
B) The product solved a problem/want?
This brand became popular partly because people wanted the shoes EVEN MORE after they kept selling out.
What business strategy is that?
A) Unlimited supply
B) Scarcity
C) Giving everything away free
D) Bad marketing
What is:
B) Scarcity?
You start a business selling homemade cookies at school.
Everybody suddenly wants them.
What should you probably do NEXT?
A) Eat all the cookies yourself
B) Ignore customers
C) Make more cookies and improve the business
D) Close the business immediately
What is:
C) Make more cookies and improve the business? 🍪💰