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Mobile Phone Budget Decisions

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Mobile Phone Budget Decisions

Mobile phone and money illustration

📱 Part 1: Understanding Phone Options

Scenario: Your parent works late and you need a mobile phone for safety. You have $20 pocket money each week and can earn $15 from chores. You need to choose which phone to buy.

1. What is your total weekly income?

Pocket money: $_______ + Chore money: $_______ = Total: $_______

2. Look at the phone options below. Which TWO factors are most important when choosing a phone?

Price (how much it costs)

Camera quality

Battery life

How trendy it looks

Safety features

Durability (won't break easily)

3. A mobile phone for safety is a:

Need (something you must have)

Want (something you would like to have)

4. Having the newest, most expensive phone is a:

Need (something you must have)

Want (something you would like to have)

💰 Part 2: Making Your Decision

5. Choose ONE phone from the options your teacher showed you. Write the phone name and price:

Phone choice: ___________________________ Price: $_______

6. How many weeks will you need to save to buy this phone?
7. Explain why you chose this phone. Use at least THREE reasons:

Reason 1: I chose this phone because _________________________________

_________________________________________________________________

Reason 2: Another reason is ______________________________________

_________________________________________________________________

Reason 3: Finally, ____________________________________________

_________________________________________________________________

📊 Part 3: Budget Planning

8. Complete your weekly budget plan:

Weekly Income:

Pocket money: $_______ + Chore money: $_______ = $_______

Weekly Expenses:

Money saved for phone: $_______

Money for other things (snacks, toys, etc.): $_______

Total expenses: $_______

9. What might you have to give up or do differently to save for this phone?
10. If you had $10 more each week, would you choose a different phone? Why or why not?

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