Budgets | Baamboozle - Baamboozle | The Most Fun Classroom Games!

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The price of a single item within a group of items is known as the ______________ of the item.

Unit Price

The money you do not intend to use, but keep in a bank account?

Savings

Which type of bank account is best for everyday transactions?

Checking Account

Which payment option can offer additional security like fraud protection?

Credit Card

What does the acronym ATM mean?

Automated Teller Machine

In addition to needs, what should you plan for first when creating a budget?

Recurring expenses

Which method of payment actually is a form of borrowing money that needs to be paid back later?

Credit Card

What is a share of ownership in a company called?

Stock

What is your pay after taxes.?

Net Pay

When you owe more money than you have in your bank account?

Debt

What can help you keep track of your money?

Budget

What is your pay before taxes.?

Gross Pay

This helps you prepare for unexpected expenses.

Emergency Fund

Which expenses change every month?

Variable Expenses

The money you keep in a bank?

Savings

Something, usually money, that is owed to someone?

Debt

When a price is reduced?

Discount / Sale

What type of expenses are the same every month?

Fixed Expenses

If there is an issue with your bank statement or account balance, you should contact the ___

Bank

When you sell a product or service for less than the usual price?

Discount / Sale

A machine from which you can take money(cash) out of your bank account using a special card.

ATM

After purchasing products you will always receive what?

A receipt

Where should you look to find your current expenses when building your budget?

bank statements

Which card is linked to a bank account which limits the amount of money you can spend to balance in your account?

Debit Card

This helps you prepare for unexpected expenses.

Emergency fund