Budget 1
Budget 2
Budget 3
Budget 4
Budget 5
100

A plan for spending and saving money each month

Budget

100

Money earned through employment 

Income

100

Ralph has a net monthly income of $4,000.00. He's currently looking at an apartment with a monthly rent of 1,700.00 a month. Should he rent the apartment?

Yes

100

Money put away into a bank to use for later or for an emergency

Savings

100
Items or things you would like to have but are not necessary

Wants

200

Things you must have to survive (food, water, shelter) or to have personal success

Needs

200

An arrangement you make with your bank which allows you to keep your money in a safe place and take it out when you need it

Bank Account

200

Type of expenses that stay the same each month

Fixed Expenses 

200

Is a Netflix subscription a fixed expense or variable expense.

Fixed Expense

200

A bank account that you can usually take money from at any time

Checking Account

300

A bank account which you usually put money in for a longer period of time. It may earn interest.

Savings Account

300

A personal plastic card you use to get money from your bank account(s)

Debit Card

300

Type of expenses that change each month

Variable Expenses 

300

A machine often found on a wall outside of a bank where you can withdraw from / deposit into your bank account

ATM – Automated Teller Machine

300

The money you put into your bank account

Deposit

400

The money you take out of a bank account

Withdrawal

400

Money that you borrow that must be repaid

Credit Card / Loan

400

A 4 digit number to help you secure or verify your money

PIN (Personal Identification Number)

400

Name 4 banking institutions

Wells Fargo, PNC, Santander, TD Bank, Navy Federal, Philadelphia Federal Credit Union, Bank of America.

400

Money you pay to the government, from your pay check for _ _ _

Taxes

500

If you start work at 9:00 am and get off at 1:00 PM, how many hours have you worked?

4 hours

500

If you leave at 8:30AM and it takes you 45 mins to walk to the bus stop what time will you arrive at the bus stop?

9:15 AM

500

If you work a 4 hour day and start at 12:00 PM, what time will you be off work?

4:00PM

500

Mr. Bob went to CVS to purchase a bottle of water. The water cost $3.98, he paid with a 10 dollar bill. How much change will Mr. Bob get back?

$6.02

500

Food, water, and shelter are examples of what?

Needs