1. HOUSEHOLD BUDGETING and the FOOD SPENDING PLAN

2. HOUSEHOLD BUDGETS What is/are…. A budget? A meal manager? Income?
Fixed Expenses?
Flexible Expenses?
Food Spending Plan? 2

3. A budget is ….
a plan for budgeting money

4. A meal manager is…
someone who uses resources to plan, prepare, and serve food.

5. Income is…
money received.

6. Fixed expenses are…
a fixed amount of money paid on a regular basis such as rent and installment loans.

7. Flexible expenses are…
regularly recurring costs that may vary in amount such as utility bills, food, and clothing.

8. A Food Spending Plan is…
a method to help you spend your food dollars wisely.
This means:
Getting the most for your money
Getting the highest quality for your money
Getting the most nutrition for your money 8

9. How Do I Budget? List monthly take home pay Subtract fixed expenses
Subtract flexible expenses
Total = leftover income after expenses for food and savings 9