Professional Documents
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Money
WHAT IS A BUDGET?
Budgeting is the process of creating a
IMPORTANCE OF A
BUDGET
lanning orientation. The process of creating a budget takes
P
IMPORTANCE OF A
BUDGET
Financial Control. A budget is a way of being intentional about
Estimation of Savings of
students
Charlottes Budget
Estimated allowance per day= $24.00
Estimated expenditure per day= $16.00
Estimated savings per day= $8.00
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$24.00
$16.00
$8.00
Estimation of Savings of
students
Shania S.s Budget
Estimated allowance per day= $20.00
Estimated expenditure per day= $15.00
Estimated savings per day= $5.00
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$20.00
$15.00
$5.00
Estimation of Savings of
students
Shania R.s Budget
Estimated allowance per day= $20.00
Estimated expenditure per day= $12.00
Estimated savings per day= $8.00
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$20.00
$12.00
$8.00
Estimation of Savings of
students
Solanges Budget
Estimated allowance per day= $20.00
Estimated expenditure per day= $15.00
Estimated savings per day= $5.00
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$20.00
$15.00
$5.00
Estimation of Savings of
students
Alishas Budget
Estimated allowance per day= $20.00
Estimated expenditure per day= $15.00
Estimated savings per day= $5.00
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$20.00
$15.00
$5.00
Estimation of Savings of
students
Adriannas Budget
Estimated allowance per day= $20.00
Estimated expenditure per day= $10.00
Estimated savings per day= $10.00
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$20.00
$10.00
$10.00
Comparison between
estimated and actual
savings
Charlottes Savings
Estimated Savings
Income in Week 1 & 2
Estimated Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$336.00
$224.00
$112.00
Actual Savings
Allowance
Expenses
Estimated Savings
Daily Allowance
$530.00
$379.00
$151.00
Comparison between
estimated and actual
savings
Shania S.s Savings
Estimated Savings
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$280.00
$210.00
$70.00
Allowance
Expenses
Savings
Daily Allowance
$280.00
$200.00
$80.00
Actual Savings
Comparison between
estimated and actual
savings
Shania R.s Savings
Estimated Savings
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$280.00
$168.00
$112.00
Allowance
Expenses
Savings
Daily Allowance
$270.00
$121.00
$149.00
Actual Savings
Comparison between
estimated and actual savings
Solanges Savings
Estimated Savings
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$280.00
$210.00
$70.00
Allowance
Expenses
Savings
Daily Allowance
$250.00
$188.00
$62.00
Actual Savings
Comparison between
estimated and actual savings
Alishas Savings
Estimated Savings
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$280.00
$210.00
$70.00
Allowance
Expenses
Savings
Daily Allowance
$200.00
$113.00
$87.00
Actual Savings
Comparison between
estimated and actual savings
Adriannas Savings
Estimated Savings
Income in Week 1 & 2
Estimated
Allowance
Estimated Expenses
Estimated Savings
Daily Allowance
$280.00
$140.00
$140.00
Allowance
Expenses
Savings
Daily Allowance
$480.00
$367.00
$113.00
Actual Savings
on impulse.
Budget-Create a budget in order to plan what you spend.
Pay cash-Don't use a credit card. Follow this simple rule: If you don't have the
when shopping can reduce the amount spent. Eg. Wonderful World Discount
Cards.4
Resist wasteful habits-Little indulgences add up fast. Here are some ways you
may save some money: Buy a water filter and fill a water bottle instead of buying
bottled water and pack your lunch and save $25 a week.