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Budgeting
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What is a budget?
 
a plan for using money
 
taxes
 
items you buy
If you have $18.00 and wanted to buy some cupcakes worth $2.00 each, how many cupcakes can you buy?
9
Which of the following is a need and not a want: movies, food, or sneakers
food
Is going to batting cages and income or expense?
Expense
What is a need?
something you must have
Give an example of wants
clothing, entertainment, etc
Ace's car holds 20 gallons of gas. If gas is $2.00 per gallon, how much will it cost Ace to fill up his car?
$40.00
Which is NOT a type of budget
 
clothes budget
 
personal or household budget
 
event budget
 
business budget
True or False: Math is used in everyday life and not just in the classroom
True
Lose 5 points 
-5 points
When making a budget, a person's needs should come before their wants
True
True or false: Fixed costs are expenses that stay the same each month.
True
Give an example of fixed cost.
rent, utilities, insurance, car payment, phone bill
True or False: Variable costs are expenses that do not change each month.
False
What is an income?
The money you earn from a job
What kind of events is the event budget for? 
Vacation, special party or projects like home remodel
True or false: Budgeting is important to your financial success
true
True or False: Budgeting helps prevent overspending
True
Earn 10 points
+10 points
How does having a budget give you control over your money?
You gain control of your money by  organizing your spendings and savings
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