Just gimme my money
This is money you earn from working.
Income
A plan for how to spend and save money is called this.
Budget
This is what you do when you keep some of your money instead of spending it.
Saving
This plastic card lets you borrow money to make purchases.
Credit Card
If you earn $10 a week and save $4, how much do you spend?
$6
A person makes $45,000 a year. This is that person's...
Salary
In a budget, this is money you receive from working
Income
This is what you do when you give money to buy something.
Spending
Credit is helpful in emergencies, but if not paid back, you may owe this.
Interest
Name one way to increase your income.
Get a job, do chores, sell something
True or False: You can earn income by mowing lawns or babysitting.
True
If you spend more than you earn, you are over your budget. This is called going into...
Debt
You use this to keep your money safe and not lose it at home (HINT: It is a place)
Bank
A number that shows how good you are at paying back money is called this.
Credit Score
What happens if you don’t pay your credit card bill on time?
You get charged interest or late fees
The more education or training you have, the more likely you are to earn this.
Higher income
This category in a budget includes rent, groceries, and transportation.
Needs
You should save money in case something like this happens, like a broken bike or sick pet.
An emergency
Using too much credit can lead to this problem.
Debt
Saving money to buy a new bike instead of buying candy each week is an example of this....
Savings Goal
This type of job pays you based on the number of items you make or sell, instead of by the hour or year.
Commission
This category in a budget includes video games, fun activities, and sports.
Wants
Is saving for a home a short-term savings goal, a long-term savings goal, or a medium-term savings goal?
Long-term savings goal
True or False: You never have to pay back credit.
True or False: Ms. Tangco's favorite football team is the Buffalo Bills
False... it's the Miami Dolphins