G9 Social Studies (Week 2) Family Economics

What is 'a plan for using money' called?

• Investments
• Savings
• Outgoings
• Income
• Budget

What is 'money earned from working, investments or business' called?

• Budget
• Income
• Outgoings
• Savings
• Investments

What are 'the regular amounts of money which you have to spend' called?

• Outgoings
• Savings
• Investments
• Debt
• Budget

True or false? Another name for outgoings are 'expenses'.

• False
• True

What is 'not spending your money now, but saving it so that you can spend it later' called?

• Investments
• Savings
• Outgoings
• Income
• Budget

What is 'spending money to make more money' called?

• Budget
• Income
• Outgoings
• Savings
• Investments

What is 'putting money into something to make money grow' called?

• Outgoings
• Savings
• Investments
• Debt
• Budget

What is 'what you owe to someone else' called?

• Debt
• Investments
• Savings
• Outgoings
• Income

What is this image an example of?

• Investments

• Savings

• Outgoings

• Income

• Budget

What is this image an example of?

• Budget

• Income

• Outgoings

• Savings

• Investments