Budget

Presentation

•

Mathematics

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3rd Grade

•

Practice Problem

•

Medium

•

CCSS

7.EE.B.3, RI.3.7, 6.NS.C.5

+16

Standards-aligned

Robert Copeland

Used 22+ times

FREE Resource

4 Slides • 10 Questions

Budget

Multiple Choice

Claire borrowed $20 from her mom in order to buy game tokens at a festival. Her mom said Claire would have to pay the money back with interest. Which statement best explains what Claire's mom meant?

She expected Claire to pay back only the money she borrowed.

She expected Claire to pay back only PART of the money she borrowed.

She expected Claire to keep all the money she borrowed and not pay any back.

She expected Claire to pay back the money she borrowed plus an additional amount of money.

Budget

Detailed (ex. Lists at store)
Create plan for saving
Unplanned expenses

Multiple Choice

A budget does NOT need to be specific and detailed?

True

False

Plan for saving

Benefits of saving:

Save more money
Make money off savings account
Pay cash and not have to take out a loan
Rainy day needs
Unexpected expenses

Multiple Choice

Which of the following is NOT a benefit of saving money

You can earn interest

Unexpected expenses

Losing money

Save more money

Multiple Choice

You should plan to spend more money than you make/have?

True

False

Multiple Choice

Which of these is an example of an unplanned expense?

car payment

you get sick and have to go to the hospital

rent

saving for vacation

Sample Budget

Income
Needs
Wants
What to do with total after needs and wants??

Multiple Choice

Which should you budget for first?

Wants

Needs

Multiple Choice

Is it ok to budget for fun things such as going to the movies and eating out at restaurants?

Yes

Multiple Choice

Which expense has the greatest cost?

income

house

food

Multiple Choice

If you needed to spend less money on your budget, what could you possibly cut out?

rent

electricity

water

Multiple Select

This lesson was _________

fun

really fun

meh

lame

Budget

Show answer

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