NeedsThingsyou can'tlivewithoutOpportunityCostsTrade offs--the things yougive up whenyou make adecisionSavingsMoneyyou "parkaway" touse laterTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need VariableExpenseExpensesyou havecontroloverIncomeMoneyyouearnPrioritizeTo arrangein theorder ofimportanceFixedExpenseExpensesthat staythe sameDiscretionaryExpenseExpensesthat coveryourwantsCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations ExpenseMoneyyouspendDiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesWantsThingsyou wouldlike tohaveBudgetAn estimateof income &expenses fora set periodof timeNeedsThingsyou can'tlivewithoutOpportunityCostsTrade offs--the things yougive up whenyou make adecisionSavingsMoneyyou "parkaway" touse laterTaxesways that thegovernment cancollect money fromits citizens to payfor things that thepeople need VariableExpenseExpensesyou havecontroloverIncomeMoneyyouearnPrioritizeTo arrangein theorder ofimportanceFixedExpenseExpensesthat staythe sameDiscretionaryExpenseExpensesthat coveryourwantsCharitableGivingfreely givingmoney to helpneedy persons ororganizations thatrely on donations ExpenseMoneyyouspendDiscretionaryIncomeMoney leftover afterpaying forneeds andtaxesWantsThingsyou wouldlike tohaveBudgetAn estimateof income &expenses fora set periodof time

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