Making a Budget | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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How would you categorize $200 per month set aside for retirement?

long-term saving

short-term saving

How would you categorize an annual maintenance fee from your landlord?

irregular spending

regular spending

Retirement should be part of your future savings (long-term savings)

True

False

car repairs, health care, and home repairs are ____________ expenses but should still be part of your short-term savings

unexpected

expected

Health care, vacations, gifts, and home maintenance are ______________ expenses and part of your short-term savings

expected

unexpected

Insurance, Taxes and Fees are examples of

Irregular Yearly Spending

Regular Monthly Spending

Housing, food, and utility costs are examples of

Regular Spending

Irregular Spending

Net income consists of...

Regular spending + Irregular spending + Future spending

Spending money for all your wants

Gross income – Deductions =

Net Income

Gross Pay

What is the highest paid occupation in PA?

anesthesiologist

teacher

attorney

accountant

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