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Budgeting 101

Which is an example of a fixed expense?
Car Repair
Gas
Food
Rent
Which is an example of a variable expense?
Insurance payment
Rent
School loans
Electricity bill
Which is not an example of income?
$20 you dad gave you for dinner
Scholarship for academic success
Loaning your friend $10
Collecting paycheck from work
Do you want your income or expenses to be higher?
Income
Expenses
Give one example of a way to say money? (From the PowerPoint)
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