17.7 Adjust a Budget

Jordan earns $10 each weekday for chores she completes after school. Her mother pays her $20 on Saturday and $15 on Sunday for helping with her catering business. Is Jordan’s budget balanced?

• Yes, her expenses of $85 equal her income of $85.

• No, her expenses of $85 are more than her income of $75.

Tags

CCSS.3.OA.D.8

Next week, Jordan has a tennis match on Saturday and cannot help her mother. What would be the difference between her income that week and her expenses?

Mathematical Equivalence

ON

Jesse earns $2,500 per month after taxes, working at a car repair shop. Is his budget balanced?

• Yes, His income and expenses are $2500.

• No; His total expenses are $2,680 and his income is $2,500.

Mr. Porter wants to spend an extra $150 this weekend on a family outing to the state fair. Which of the following could be a way to adjust his budget to allow for the extra expense? (a)  

• Work fewer hours this week.
• Work overtime.
• Increase gasoline usage.
• Give money to charity.

Alexis earns $50 a day for five days this week. Her weekly expenses are $280. How can she balance her budget?

• Increase her income $5 each day.

• Increase her income $20 this week.

• Decrease her expenses by $30.

• Decrease her expenses by $20.

Tags

CCSS.4.OA.A.3

Which of the following changes can be made to balance Tatiana’s budget?

• Decrease spending on sports equipment to $20.

• Increase income from house cleaning to $30.

• Increase spending on acting lessons to $25.

• Decrease spending on meals with friends to $25.

Tags

CCSS.7.EE.B.3

Multi-Step Duke works at a grocery store sacking groceries. He earns $12 per hour after taxes and works 24 hours each week. His weekly expenses total $324. How many more hours would Duke need to work to balance his budget? (a)  

• 1 hour
• 4 hours
• 2 hours
• 3 hours

Paying with a ______ _____ takes cash of your checking account.

• Credit card
• Debit Card
• Gift Card

What two things does a budget compare?

• Income and Expenses
• Savings and Interest
• Income and Investments
• Expenses and Expenditures

Sales tax is __________ to the price.

• subtracted
• added
• multiplied
• divided