Budget warm-up

Front

A budget _________________________.

Back

Lets you know how much money you have and where it's going

Tags

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.3

Front

A budget is ___________.

Back

a plan for managing your money. It compares how much you earn (make) to how much you spend

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

The goal of a budget is _________________

Back

to spend less than you make

Front

When you want something you should ALWAYS get it.

Back

False

Tags

CCSS.RL.1.3

CCSS.RL.2.1

CCSS.RL.4.3

CCSS.RL.5.3

CCSS.RL.6.3

Front

What does it mean to manage your money?

Back

It means to plan how to spend and save your money wisely.

Tags

CCSS.RI.2.5

CCSS.RI.3.5

CCSS.RI.4.5

CCSS.RI.5.5

CCSS.RI.6.5

Front

What is income?

Back

Income is the money you earn from work or other sources.

Tags

CCSS.RI.3.3

CCSS.RI.3.5

CCSS.RI.4.3

CCSS.RI.4.5

CCSS.RI.5.5

Front

What is an expense?

Back

An expense is the money you spend on goods and services.

Tags

CCSS.L.2.4E

CCSS.L.3.4D

CCSS.L.6.4C

CCSS.L.7.4C

CCSS.L.8.4C

Front

Why is it important to save money?

Back

Saving money helps you prepare for future needs and emergencies.

Tags

CCSS.RI.3.2

CCSS.RI.4.2

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.5.2

Front

What is a savings goal?

Back

A savings goal is a specific amount of money you want to save for a purpose.

Front

What does it mean to overspend?

Back

Overspending means spending more money than you have or more than you planned.

Tags

CCSS.L.3.4B

CCSS.L.3.4C

CCSS.RF.3.3A

CCSS.RF.3.3B

CCSS.RF.4.3A