This post explains and give practice opportunities related to TEKS 7.13B:
identify the components of a personal budget, including income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what percentage each category comprises of the total budget
Students learn to calculate how money is allocated in a personal budget.
Between 2016 and 2021, this supporting standard has been tested 3 times on the STAAR test. Videos explaining the problems can be found below. If you'd rather take a quiz over these questions, click here. The videos below are linked to the questions in the quiz as answer explanations after the quiz is submitted.
To view all the posts in this 7th grade TEKS review series, click here.