PrioritizeTo arrangein theorder ofimportanceDiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameExpenseMoneyyouspendVariableExpenseExpensesyou havecontroloverWantsThingsyou wouldlike tohaveBudgetAn estimateof income &expenses fora set periodof timeSavingsMoneyyou "parkaway" touse laterIncomeMoneyyouearnCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations DiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need NeedsThingsyou can'tlivewithoutOpportunityCostsTrade offs--the things yougive up whenyou make adecisionPrioritizeTo arrangein theorder ofimportanceDiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameExpenseMoneyyouspendVariableExpenseExpensesyou havecontroloverWantsThingsyou wouldlike tohaveBudgetAn estimateof income &expenses fora set periodof timeSavingsMoneyyou "parkaway" touse laterIncomeMoneyyouearnCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations DiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need NeedsThingsyou can'tlivewithoutOpportunityCostsTrade offs--the things yougive up whenyou make adecision

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