Simple Budget Planning
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Simple Budget Planning
Needs and Wants
A need is something important for everyday life or learning. A want is something nice to have.
- Need
- Want
- Need
- Want
- Need
- Want
- Need
- Want
- Pay for needs first, then consider wants
- Buy wants first and hope there is enough left
- Spend it all on treats
Plan a $20 Shop
Use the price list for the next questions. You have $20 to spend.
Item: Lunch Price: $6
Item: Pencils Price: $3
Item: Toy dinosaur Price: $8
Item: Stickers Price: $2
- Buy it and keep the remaining $12 for later
- Spend all $20 on it
- Borrow money to pay more than its price
Spend Thoughtfully
Think about ways to make careful choices with money.
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