Personal Finance

Something advantageous or positive, especially as the result of a decision

• income

• budget

• benefit

• opportunity cost

A plan for using money, based on expected income and expenses

• income

• budget

• benefit

• opportunity cost

The value of what you have to give up in order to choose something else

• income

• budget

• benefit

• opportunity cost

Money that is earned from work

• income

• budget

• benefit

• opportunity cost

something lost or given up in the process of getting something else

• income

• cost

• benefit

• opportunity cost

Deetya keeps her allowance in a piggy bank so she can buy new art supplies soon. This is an example of...

• Saving

• Spending

• Sharing

Jeshnavi buys a new dress. This is an example of...

• Saving

• Spending

• Sharing

Madison donates money to the local homeless shelter. This is an example of...

• Saving

• Spending

• Sharing

Which of the following is a want?

• Food

• Clothing

• Shelter

• Vacation

Which of the following is a need?

• Entertainment

• Eating out

• Shelter

• Vacation