Needed vs. Wanted Expenses Fixed or Variable Expenses Money Math Is it an expense? Definitions
100
Wanted
Are vacations a needed or wanted expense?
100
Fixed
Is a Netflix membership a fixed or variable expense?
100
$6
What is the total cost of a $1 candy bar and a $5 toy?
100
Yes
Food
100
The money spent on something
Expense
200
Needed
Is a house a needed or wanted expense?
200
Variable
Is food a fixed or variable expense?
200
$21
What is the total cost of a $11 BigMac meal and a $10 McChicken meal from McDonalds?
200
No
Free food sample
200
Something you don't really need
Need
300
Needed
Are groceries a needed or wanted expense?
300
Variable
Is gas a fixed or variable expense?
300
$36
What is the total cost of a $16 binder and $20 neon green shorts?
300
Yes
iPhone
300
Something you can live without
Want
400
Wanted
Are movie tickets a needed or wanted expense?
400
Fixed
Are care payments fixed or variable expenses?
400
$250
What is the total cost of a $100 hoverboard and a $150 bike?
400
No
The air
400
Payments that are the same every month
Fixed expense
500
Wanted
Is a BigMac a needed or wanted expense?
500
Fixed
Is rent a fixed or variable expense?
500
$1050
What is the total cost of a $300 Gucci shirt and $750 Prada bag?
500
Yes
Robux
500
Payments that change every month
Variable expense






Expenses Jeopardy

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