[ 2 1 s t c e n t u r y s k i l l s l i b r a r y ]
4
— chapter 1 —
H
as this ever happened to you? On Saturday, you have
$20 in your pocket. On the following Tuesday, you’re
broke. What happened to your money? It’s time to learn
how to make and follow a budget!
What is a budget? A budget is a plan for how you are
going to use your
income
to pay for your
expenses
.
Your income is how much money you receive through
jobs or gifts. Your expenses are how you spend that
income. Your goal is to have a
balanced budget
. A
balanced budget means your income is enough to pay
What Is a Budget?
