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10 questions
Money that you earn (“Money In”)
payment
expenses
income
budget
money that you spend or give away (“Money Out”)
income
savings
overspending
expenses
money that you put away or put in the bank to use later; a plan for buying future wants or needs
income
savings
insurance
expenses
using more money than you have available
income
savings
insurance
overspending
a plan for spending money and saving
budget
savings
insurance
overspending
Buying the things we need (clothing, food)
Buying things we want (games, toys)
Giving to others (gifts, donations)
budget
savings
expenses
overspending
Budgeting can help prevent impulse buying.
True
False
Creating a budget plan can help you save money.
True
False
A budget plan is meant to make you overspend your income.
True
False
A budget helps you keep track of how you spend your money.
True
False
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