1. Budgeting Your Money

2. Elementary & Middle School Budget
10%
Offering
50%
Savings
For Christmas Gifts
40%
Spending

3. High School Budget
10%
Offering
50%
Savings
For
Car
40%
Spending

4. College Budget Monthly Budget for April 1994 Expected Income: $400.00
Expenses
Budgeted
Actual Amount
Offering
$40.00
Savings (College)
$100.00
Car Insurance
Gas
$80.00
Spending (Food, Clothes, Entertainment)
Other: $0
Total:
$400.00

5. Changes to College Budget
Monthly Budget for
April 1994
Expected Income: $400.00
Expenses
Budgeted
Actual Amount
Offering
$40.00
Savings (College)
$100.00 $0
Car Insurance
Gas
$80.00
Spending (Food, Clothes, Entertainment)
$60.00
Other: Replace Car Window
$120.00
Total:
$400.00

6. Today’s Budget

7. Envelope Budgeting Divide your money into envelopes
Once the money is gone, you are done spending
Gas
Entertainment

8. What is Envelope Budgeting?
Running Time: 4:51

9. Budget Simulation
Randomly choose one jobs from the deck of cards provided by your teacher. The side you see should be blank. The other side will look like the sample below.
SAMPLE

10. Prepare a Budget
Prepare a monthly budget using the monthly salary printed on the card you drew. Choose housing, transportation, and leisure items from the sheets provided.