Fixed and Variable Expenses and Credit Intro.

What is income?

• Money cominig IN to your pocket

• Money that stays the SAME every month

• Money that you spend so it LEAVES your pockets

• Money that is different each month

Car payment

• variable expense

• neither

• both

• fixed expense

Buying movie tickets

• neither

• both

• variable expense

• fixed expense

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

Buying clothes

• neither

• fixed expense

• variable expense

• both

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.1

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Buying shoes

• variable expense

• fixed expense

• neither

• both

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.3

Car payment

• variable expense

• neither

• both

• fixed expense

Gas to go to work is a 

• variable expense

• fixed expense 

Tags

CCSS.HSA.SSE.A.1

Water bill

• variable expense

• neither

• fixed expense

• both

Car and House Insurance

• fixed expense

• variable expense

• neither

• both

A new purse is a 

• fixed expense 

• variable expense