DiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesVariableExpenseExpensesyou havecontroloverIncomeMoneyyouearnBudgetAn estimateof income &expenses fora set periodof timeTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need NeedsThingsyou can'tlivewithoutSavingsMoneyyou "parkaway" touse laterPrioritizeTo arrangein theorder ofimportanceDiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations ExpenseMoneyyouspendWantsThingsyou wouldlike tohaveOpportunityCostsTrade offs--the things yougive up whenyou make adecisionDiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesVariableExpenseExpensesyou havecontroloverIncomeMoneyyouearnBudgetAn estimateof income &expenses fora set periodof timeTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need NeedsThingsyou can'tlivewithoutSavingsMoneyyou "parkaway" touse laterPrioritizeTo arrangein theorder ofimportanceDiscretionaryExpenseExpensesthat coveryourwantsFixedExpenseExpensesthat staythe sameCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations ExpenseMoneyyouspendWantsThingsyou wouldlike tohaveOpportunityCostsTrade 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. Money left over after paying for needs and taxes
    Discretionary Income
  2. Expenses you have control over
    Variable Expense
  3. Money you earn
    Income
  4. An estimate of income & expenses for a set period of time
    Budget
  5. ways that the government can collect money from its citizens to pay for things that the people need
    Taxes
  6. Things you can't live without
    Needs
  7. Money you "park away" to use later
    Savings
  8. To arrange in the order of importance
    Prioritize
  9. Expenses that cover your wants
    Discretionary Expense
  10. Expenses that stay the same
    Fixed Expense
  11. freely giving money to help needy persons or organizations that rely on donations
    Charitable Giving
  12. Money you spend
    Expense
  13. Things you would like to have
    Wants
  14. Trade offs--the things you give up when you make a decision
    Opportunity Costs