Financial Literacy Sample

12 · Unit 2 | Budget

ACTIVITY 3 Directions: ƒŽ‹›ƒŠ Œ—•– ‘˜‡† ‘—– ‘ˆ Š‡” ’ƒ”‡–•̵ Š‘—•‡ ƒ† ‹–‘ Š‡” ‘™ ƒ’ƒ”–‡–Ǥ Š‡ Šƒ• ƒ Œ‘„ ƒ• ƒ ƒ••‹•–ƒ– –‡ƒ Š‡” ƒ† „”‹‰• Š‘‡ ̈́ ͳǡʹͲͲ ‡ƒ Š ‘–ŠǤ The categories on the next page are things Aaliyah spends money on in a typical month. Do the following for Aaliyah's „—†‰‡–ǣ • Add the monthly costs together to determine how much Aaliyah is spending each month. Write the total at the bottom of the monthly cost column. • Decide whether each item is a need or a want. • Decide which items you think should be included in Aaliyah's budget and which, if any, should be removed.

Monthly cost

Need or want? Your choice

Item

ʹͷͲ

Car paymenẗ́

’‡ ‹ƒŽ–› ‘ơ‡‡ ˆ”‘ ƒ ‘ơ‡‡ shop̈́

͵ͷ

Renẗ́

͸ͲͲ

–”‡ƒ‹‰ servicë́ Dinners out with friends̈́

ͳͷ

͹ͷ

Groceries̈́ TOTAL SAMPLE ͳͲͲ ͳͲͲ ƒ˜‹‰•̈́ Cell phonë́ ͹Ͳ ʹͲ Movie and snacks at the theater̈́