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Keeping a Budget

Keeping a Budget. Plan your spending!. Resource 4G1 - Keeping a Budget Page 1 of 5 Powerpoint Presentation or OHTs to print off – to be used in conjunction with Spreadsheet Resource 4F2. Your friend, Niki, has asked for your help.

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Keeping a Budget

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  1. Keeping a Budget Plan your spending! Resource 4G1 - Keeping a Budget Page 1 of 5 Powerpoint Presentation or OHTs to print off – to be used in conjunction with Spreadsheet Resource 4F2

  2. Your friend, Niki, has asked for your help She has seen a computer game she would like to buy. It costs £25 and so she will need to save up for it. Resource 4G1 - Keeping a Budget Page 2 of 5 Powerpoint Presentation or OHTs to print off – to be used in conjunction with Spreadsheet Resource 4F2

  3. Her weekly income is: • £5 pocket money from her parents • £15 from newspaper rounds • £5 for keeping a neighbour’s garden tidy Resource 4G1 - Keeping a Budget Page 3 of 5 Powerpoint Presentation or OHTs to print off – to be used in conjunction with Spreadsheet Resource 4F2

  4. £10 on sweets and drinks £2 contribution for paying off the repair of a broken window when you were both playing basketball in the street £5 for going out How much money does Niki have left to spare a week? What other things might she need to spend it on? How much do you think you she would be able to save a week? Her regular weekly expenditure is usually about Resource 4G1 - Keeping a Budget Page 4 of 5 Powerpoint Presentation or OHTs to print off – to be used in conjunction with Spreadsheet Resource 4F2

  5. The Budget Using a spreadsheet, prepare a budget plan for Niki. She had decided that she was going to save £1.50 a week but discovered that it would take her over 16 weeks to save for the computer game. See if you can suggest a figure that will get her the computer game quicker Resource 4G1 - Keeping a Budget Page 5 of 5 Powerpoint Presentation or OHTs to print off – to be used in conjunction with Spreadsheet Resource 4F2

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