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Classwork 3

The document outlines a budget vocabulary matching task that pairs financial terms with their definitions. It includes a budget worksheet for tracking monthly income, expenses, savings, and financial goals. Additionally, it provides indicators of learning to assess understanding of budgeting concepts.

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sanmary0710
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8 views5 pages

Classwork 3

The document outlines a budget vocabulary matching task that pairs financial terms with their definitions. It includes a budget worksheet for tracking monthly income, expenses, savings, and financial goals. Additionally, it provides indicators of learning to assess understanding of budgeting concepts.

Uploaded by

sanmary0710
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Task 1 Matching

Budget Vocabulary
1. Money that you receive from a job or as a gift A. Utilities

2. Money that you pay out for a want or a need B.


Deduction

3. Money that you receive for working per week, month, or year C. Surplus

4. To subtract or take out of D. Salary

5. Money that is taken out of your salary, Ex- taxes, insurance E. Gross
Income

6. Money received for a job after deductions F. Want

7. Money received before deductions G. Expense

8. Once a year H. Income

9. Once a month I. Need

10. Things you must have for survival J. Annual

11. Things you would like to have K. Take-


home Pay

12. Electric, water, sewer, trash service L. Deduct

13. Amount of money remaining after all expenses have been paid M. Monthly
Budget WORKSHEET
Task 2: Work in pairs . Fill the information with your partner´s information. Share it in an oral
way

Monthly Monthly Monthly Monthly


Income Income: Expenses: Savings: Goal:
Income Source:
Income Source:
____________ ___________ ___________ ___________ ________
Housing
Mortgage / Rent
Electric + Gas Utilities
Internet + Cable
Water, Trash, Sewer
Monthly Living Expenses
Groceries + Dining Out
Gas
Cell / Home phone
Clothing, Beauty, Household
Entertainment
Childcare
Spending Cash
Long-term Expenses + Investments
Auto Insurance
Health Insurance
Life Insurance
Car Payment or Budget
Home Repairs Budget
Travel / Vacation Budget
Gifts Budget
Savings
Retirement
College
Month Summary
Total Income
Total Expenses
Difference

INDICATORS OF LEARNING 1 Not Achieved 2 In progress 3 Achieved

Gives examples of daily expenses that


can be found in a simple budget plan.

Prepares simple budgets using the


expressions
and vocabulary about daily or family
expenses.

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