budgeting

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Homework for July 23, 2018

level 1

When you work and earn money, you must have a plan for spending it. This plan is called a “budget.” A budget will help you to plan the spending of your income to meet your expenses. Once you set up your budget, you must follow it or your money will not be spent where you planned. You should first plan to spend your money for things you need, then the things you want. Your budget is your key to successful money management.

Questions

1.   What is a budget?

a)   A plan for spending money              b) saving money

2.   How can a budget help you?

a)   Plan the spending of your income

b)  Over spend

3.   What are some things that should be on your budget?

A)  ___________________________________________

_______________________________________

All homework must be signed by a parent______________________________________

comments

++++++++++++++++++++++++++++++++++++

level 2

When you work and earn money, you must have a plan for spending it. This plan is called a “budget.” A budget will help you to plan the spending of your income to meet your expenses. Once you set up your budget, you must follow it or your money will not be spent where you planned. You should first plan to spend your money for things you need, then the things you want. Your budget is your key to successful money management.

Questions

1.      What is a budget?

a)      A plan for spending money                b) saving money

2.      How can a budget help you?

a)      Plan the spending of your income

b)      Over spend

3.      What are some things that should be on your budget?

a)      _______________________________________

b) _______________________________________

All homework must be signed by a parent______________________________________

comments

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

level 3

When you work and earn money, you must have a plan for spending it. This plan is called a “budget.” A budget will help you to plan the spending of your income to meet your expenses. Once you set up your budget, you must follow it or your money will not be spent where you planned. You should first plan to spend your money for things you need, then the things you want. Your budget is your key to successful money management.

Questions

1.      What is a budget?

a)      A plan for spending money                b) saving money

2.      How can a budget help you?

a)      Plan the spending of your income

b)      Over spend

3.      What are some things that should be on your budget?

a)      _______________________________________

b) _______________________________________

4.  In the table provided list the following

Wants	Needs

All homework must be signed by a parent______________________________________

comments