DiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameWantsThingsyou wouldlike tohaveBudgetAn estimateof income &expenses fora set periodof timeNeedsThingsyou can'tlivewithoutIncomeMoneyyouearnExpenseMoneyyouspendTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need CharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations VariableExpenseExpensesyou havecontroloverSavingsMoneyyou "parkaway" touse laterOpportunityCostsTrade offs--the things yougive up whenyou make adecisionDiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesPrioritizeTo arrangein theorder ofimportanceDiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameWantsThingsyou wouldlike tohaveBudgetAn estimateof income &expenses fora set periodof timeNeedsThingsyou can'tlivewithoutIncomeMoneyyouearnExpenseMoneyyouspendTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need CharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations VariableExpenseExpensesyou havecontroloverSavingsMoneyyou "parkaway" touse laterOpportunityCostsTrade offs--the things yougive up whenyou make adecisionDiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesPrioritizeTo arrangein theorder ofimportance

Future Smart Lesson 2 Terminology - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
  1. Expenses that cover your wants
    Discretionary Expense
  2. Expenses that stay the same
    Fixed Expense
  3. Things you would like to have
    Wants
  4. An estimate of income & expenses for a set period of time
    Budget
  5. Things you can't live without
    Needs
  6. Money you earn
    Income
  7. Money you spend
    Expense
  8. ways that the government can collect money from its citizens to pay for things that the people need
    Taxes
  9. freely giving money to help needy persons or organizations that rely on donations
    Charitable Giving
  10. Expenses you have control over
    Variable Expense
  11. Money you "park away" to use later
    Savings
  12. Trade offs--the things you give up when you make a decision
    Opportunity Costs
  13. Money left over after paying for needs and taxes
    Discretionary Income
  14. To arrange in the order of importance
    Prioritize