Balancing a Budget

What is money that we having coming in?

• Income

• Expense

• Outcome

What do we call money that we spend?

• Income

• Expense

If we balance our budget, our Income will equal our Expense?

• True

• False

It is a good thing for your Expenses to be more than your Income?

• True

• False

How much can this person allow for their electric bill?

• $2735

• $3000

• $265

• $300