Family
Income
Budget
Expense
100

Rent 1000

Car 500

Electricity 250 

What is the total monthly expense?

$1750

100

Elijah gets paid every two weeks. What type of pay period is Elijah in?

Biweekly

100

what is a budget

a limit on the amount of money you spend 

100

What is the difference between a mortgage and rent

Mortgage are for houses you own and rent is for Apartments that you do not own

200

Family A's monthly income is $2000. Their total expense is $1500. How much disposable income does family A have

$500

200

Liam's first pay check is 200 for the first week. if he makes the same amount on his paycheck every week, what is his monthly income after 4 weeks

$800

200

Caleb set his budget at 500. how much can he spend at Walmart if his car cost $100

$400

200

what is a fixed expense?

an expense that is stuck (the same) every month

300

Family A makes $2200 in gross income and spends 1200 in monthly expenses. Family B makes 1500 in gross income and spends 550 in monthly expenses. which family has more disposable income.

family A

300

Prince makes $1000 dollars before taxes. His paycheck gets taxed for $200, and paid $800 in bills, how much is his gross income

$1000

300

what would you set your budget for video games if you make $800 with no bills to pay

???

300

what is a variable expense

An expense that can change over time