What do we call the money we make after all expenses are paid?
profit
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boom
Lose 50 points!
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gift
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shark
Other team loses 10 points!
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thief
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15
What do we call expenses that stay the same every month?
fixed expenses
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15
Jonathan built a shed in his friend's backyard to make some extra money. His friend paid him $970 for building the shed. The materials Jonathan had to buy cost $350. How much profit did Jonathan make?
$620
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15
Eddie's family had fixed expenses of $695 this month and variable expenses of $345 this month. What are their total expenses for the month?
$1,040
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15
What do we call a plan used to manage expenses?
a budget
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15
What is a loan?
Money you can borrow from the bank.
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15
What is savings?
Money put aside for later.
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monster
Reset all scores!
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gift
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fairy
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thief
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15
A group of boy scouts had a bake sale to raise money for camp. The cost of ingredients for the brownies, cookies, and cakes were $95. The amount of money they received at the bake sale was $215. How much did they make in profit?
$120
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15
This month a family has the following variable expenses: $75, $350, $62, and $200. What is their total expenses?
$687
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15
Umbo received $134 for his birthday. He wants to put half of it in the bank. How much money should he put in the bank?
$67
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15
Give an example of a variable expense.
clothing, food, entertainment
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15
Give an example of a fixed expense.
house payments, car payments, loan payments
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15
Peter catches fish for a local restaurant. They pay him $1.75 for each fish he catches. So far this month he has brought in 200 fish. What have they paid him?