Managing Personal Finances 

Which of these items is a necessity? 
Expensive Watch
Medication
Trip to Las Vegas 
Disney Vacation
Which of these items is a luxury?
Water
Food 
Shelter
Soda
What does it mean when an item is on sale?
The item is not available
The price of the item has been marked down
The item is more expensive than the tag price 
The item is an African Lion 
What does the word "limit" mean when shopping?
The item is on sale
The customer may only purchase a certain number/amount of the item 
The grocery item is about to expire
The item is only sold at this store location
Ketchup is marked down from it's original price of $3 to the sale price of $1. How much will you save if you buy the ketchup on sale? 
$2
$5
$1.50
$3
Kyle's mom gave him $20 this morning. He already spent $10 on a hamburger and fries. How much money does Kyle have left?
$20
$5
$2
$10
True or False: Income is money you spend
True 
False 
Which is these items is a fixed expense?
Phone Bill 
Gas money
Which of these items is a variable expense?
Food
Rent
True or False: Savings is money you put aside for an emergency 
True
False
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