Tuesday, March 9, 2010

pg. 85-95 Budget=GET ONE!!!!

1.) explain the cartoon on pg. 84
2.) how do you distinguish between "wants" and "needs" with your money.
3.) give an example of 5 "wants" in your life
4.) give an example of 5 "needs" in your life.
5.) House=big purchase that increases in value over time
Vehicle=decreases in value over time--so.....what are some other expenses that a vehicle may require over time(or what are ways you spend money on your own vehicle) list 5 other vehicle expenses

21 comments:

  1. 1. Well in the picture he seems to have no money but its because hes always spending it and not making a budget for things that he needs or if he wants.
    2. well wants are things that you want like cell phone, tv. computer. things like that and needs are things that you need or have to have .
    3. cell phone, tv. computer, skateboard, i-pod
    4. Food, Water, clothes, house, hygiene products.
    5. Insurance, oil change, new tires, Gas, New brake pads/ Breaks

    ReplyDelete
  2. 1.) It's saying that if you don't have a budget, it is very easy to loose your money. I can agree with that. From experience, I am very bad at budgeting my money, and I usually end up spending most of it, without saving anything. If I budgeted it, I would be able to keep track of how much is going where and maybe save some of it.

    2.) Wants are things that you can go without. Needs are things that you have to have to live.

    3.) Video Games
    Cable
    Nice Car
    Big House
    All the Newest Computer Equipment

    4.) Food
    Clothing
    Shelter
    Any Type of Car
    Running Water

    5.) Oil changes
    Replacing Valve Cover Gasket
    Windshield Washer Fluid
    Replace Transmission
    Fix Dents and Scratches

    ReplyDelete
  3. 1.) the cartoon is saying that if you don't have a budget you don't know where all of your money is going.
    2.) Things you need are things you can't live with out or things that will help you make more money
    3.)video games, tv, new car, expensive clothes, nice shoes
    4.)a working car, books for school, food, water, place to sleep
    5.)gas, oil, tires, brakes, and engine fluids

    ReplyDelete
  4. 1. all your money goes away once you get some
    2. wants: you want it
    needs: you need it
    3. car, wii, ipod touch, guitar hero, camara
    4. food, clothes, shelter, cell phone, water
    5. gas, it breaks down, washing it, stereo, stereo system!

    ReplyDelete
  5. @Brooke I never thought about those for wants. Those are good ones. Cell phone and mp3 player.

    Well, a cell phone is a necessity, but an expensive cell phone is not. You know, like Smartphones and stuff like that.

    ReplyDelete
  6. @Jacie: Very nice description of wants and needs. "Wants: You want it." "Needs: You need it." lol

    ReplyDelete
  7. Jaci your wants are amazing you dont need all that stuff!

    ReplyDelete
  8. wow jacie good definitions lol

    ReplyDelete
  9. 1.) it symbolizes that u need a budget to have money and be able to pay for things that u need so that u dont run out of money for the things that u need
    2.) wants- things that u dont absolutely need; needs- things that u cant do without
    3.) phone, computer, games, i-pod, tv
    4.) food, water, shelter, clothing, job
    5.) gas, insurance, oil, other fluids, tires

    ReplyDelete
  10. robert ur right that u dont need expensive clothes but u still need clothing

    ReplyDelete
  11. 1.) pretty much if you don't set a budget for yourself, you are pretty much setting yourself up for going broke.

    2.) First you need to set things up into percentages and then see what things you are going to spend on your needs and separate things into "buckets" so much of a paycheck goes into one for emergency, needs, and wants.

    3.) cellphone, movies, tv, computer and video games

    4.) food, house, car, clothes, and water

    5.) If your transmission goes out, lights go out, brakes go bad, fuel line goes out, and need new tires

    ReplyDelete
  12. 1. The guy in the image spends to much money without a budget and has problems with it..

    2. Things u need are things u cant live without. Thingsu want are things u desire nd want but are not neccesary.

    3. soccer,new cars,a lot of money,a mansion, nice shoes.

    4. money for college, food, a newer car, water, a better job so I can pay for college.

    5. gas, oil, tires, radiator, compressor, transimission

    ReplyDelete
  13. does not have money because he is wasting it on stuff he does not need

    2 things you need and things you dont

    3 money close house


    4 car xbox money

    5 oil gas repairs to the car

    ReplyDelete
  14. 1. the cartoon is explaining that if you don't have a budget you wont ever have any money
    2. wants are things that you would like to have, needs are things that you use to keep going
    3. new car, playstation 3, truck, dirtbike, motorcycle
    4. food, clothes, money, drinks, transportation

    ReplyDelete
  15. 5. you need to change oil, insurance, gas, battery, timing set

    ReplyDelete
  16. 1. Without a budget your money will disappear and you won't even realize it.
    2. You need needs to survive; you can live without wants.
    3. xbox, cat, dog, pretty shirt, tv
    4. food, water, shelter, clothing, education
    5. Insurance, repairs, gas,all the maintenance

    ReplyDelete
  17. We waste a lot of money on "wants"

    ReplyDelete
  18. 1. if you do not have a budget than it is useless to try and save money because you are not disciplined enough.
    2. wants are things that you would like to have but arnt necessary, and needs are thing that you must have to be able to function.
    3. new car, million dollars, tv, new house, everything free.
    4. food clothes, shelter, drinks, some amount of money.
    5. gas, oil, insurance, battery, brakes.

    ReplyDelete
  19. 1. He is spending money on stuff that he doesn't need and not saving money for stuff that he does need.
    2.If i want something i think as long as its little like under $5 i can possibly have it. If i need something i think can i live with out it.
    3. New car, new clothes, spending money, getting stuff free,brand new tv.
    4. Car, gas, house, food, water
    5.Gas, oil, transmission, alternator

    ReplyDelete
  20. I agree with everyones on what their wants and needs are.

    ReplyDelete