Needs Vs. Wants
Budgeting
Calculations
100
Is water a need or a want?

A need

100

A plan that helps you see how much money you have and can save is called a ______

budget

100

If Jake's income is $100 and he spent $90, did he save, overspend, or break even?

Save

200

Is designer clothing a need or a want?

A want

200

The amount of money that you earn or comes to you is called your ________

income

200

If Olivia's income is $200 and she spent $205, did she save, overspend, or break even?

Overspend

300

When we spend money, we should focus first on purchasing items we NEED or items we WANT?

Items we NEED

300

When you spend just as much money as you have, you _________________

broke even

300

Is Nolan's income is $300 and he spent $300, did he save, overspend, or break even?

Break even

400

When we've saved and have leftover money, we can use that to buy thing we NEED or things we WANT?

Things we WANT

400

Spending more money than you have is called ___________

overspending

400

Is Julia spent $30 on coffee, $90 on uber rides, and $40 on hygiene, how much did she spend in total?

$160

500

Which is a want? A glass of tap water or a bottle of sparkling water?

a bottle of sparkling water
500

Having leftover money after budgeting well means that you ______________

saved

500

If Damon has $150 and he spent $75 on an Uber, $40 on cafes, and $40 on a haircut, how much does he have left?

$0 (or -$5)