A budget is a plan for coins in and coins out. It can change.
A budget is a plan for coins in and coins out. Mina earns 10 coins every Saturday, so four Saturdays bring 40 coins in.
She makes four groups: needs, fun, saving and gifts. Needs like pencils and bus rides come first, but fun and gifts are okay too.
A budget balances when the coins planned match the coins coming in. Mina's plan, 10 + 12 + 10 + 8, is exactly 40, so every coin has a job.
A budget is not a cage. It is a plan that changes when life does, as long as it still adds up.
These are some of the questions on the sets. The printable sheets have more and an answer key.
40 coins. 10 × 4 = 40.
10 coins. 4 + 2 + 2 + 2 = 10.
When the coins planned match the coins coming in. That is the only rule: the plan adds up.
Needs. Pencils for school are a need.
With a grown-up, make a budget for a small amount of pretend coins. Use needs, fun, saving and gifts.
Make a budget together for a small amount of pretend coins, in four groups. Then change one group and check that the plan still adds up.
