FixedExpenseExpensesthat staythe sameBudgetAn estimateof income &expenses fora set periodof timeSavingsMoneyyou "parkaway" touse laterVariableExpenseExpensesyou havecontroloverNeedsThingsyou can'tlivewithoutCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations OpportunityCostsTrade offs--the things yougive up whenyou make adecisionTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need DiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesIncomeMoneyyouearnPrioritizeTo arrangein theorder ofimportanceExpenseMoneyyouspendWantsThingsyou wouldlike tohaveDiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameBudgetAn estimateof income &expenses fora set periodof timeSavingsMoneyyou "parkaway" touse laterVariableExpenseExpensesyou havecontroloverNeedsThingsyou can'tlivewithoutCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations OpportunityCostsTrade offs--the things yougive up whenyou make adecisionTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need DiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesIncomeMoneyyouearnPrioritizeTo arrangein theorder ofimportanceExpenseMoneyyouspendWantsThingsyou wouldlike tohaveDiscretionaryExpenseExpensesthat coveryourwants

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.


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