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Students Engaging 30 minutes
📋 Instructions
Part A: Fill in the Blank (5 points)
Word bank: budget, income, expenses, savings, needs, wants
1.A _____________ is a plan for how you will spend and save your money.
2.Money you earn from work or allowances is called _____________ .
3.Things you must have to survive (food, shelter, clothing) are called _____________ .
4.Things you would like to have but don't need to survive are called _____________ .
5.Money set aside for future use or emergencies is called _____________ .
Part B: Matching (5 points)
Column A — Terms
1. Emergency Fund
2. Interest
3. Debt
4. Investment
5. Credit
Column B — Definitions
A. Money owed to another person or organization
B. Savings set aside for unexpected costs
C. The ability to buy now and pay later
D. Money earned on savings or charged on loans
E. Using money to generate more money over time
🔑 Teacher Answer Key
Answer Key — Teacher Only
Part A: 1-budget, 2-income, 3-needs, 4-wants, 5-savings Part B: 1-B, 2-D, 3-A, 4-E, 5-C
📄
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