budgetpowerpointthisisapowerpointlalalalala.pptx

Budget Powerpoint

1. Budgeting A Lesson on Money Management

2. What is a Budget? A budget is a spending plan based on income and expenses It is an estimate of how much you will make and spend over a given time , for instance, a month or year If you are accounting for the incoming and outgoing money of all household members, that is a family budget

3. Why Should We Budget? Budgeting can help you to take control of your money Budgeting can help you not overspend Budgeting can help you save money Budgeting can ensure you have enough money to get through each month Budgeting can help you avoid debt

4. What to Budget for Utilities (electric, water, gas or propane). Transportation (car payments, gas, vehicle upkeep, public transport costs). Groceries Debt payments Housing (rent or mortgage).

5. What to Budget for Childcare (daycare or babysitter). Insurance and healthcare costs Groceries Pet care (food, various supplies). Internet and phone bill Savings and emergency funds Entertainment, gym memberships

6. If we don’t Budget … We might overspend We might accumulate debts We may lack savings Financial decision making may suffer Financial stress may increase

7. 9 Ways You're Sabotaging Your Budget Without Realizing It (youtube.com)

8. Budgeting Activity When we budget for groceries , it is helpful to have an approximate idea of how much the items we regularly buy cost , so that we have a better estimate of how much we need to spend each week or month on food.

9. Guesstimate the cost of each item!

10. V-8 Splash 64 oz.

11. Pillsbury Crescent Rolls--10 count

12. General Mills Cheerios 14 oz.

13. Eight O’Clock Coffee 11 oz.

14. Kraft Shredded Cheese 8 oz.

15. Ragu Spaghetti Sauce 45 oz.

16. Hillshire Farm Lite Kielbasa 14 oz.

17. Butter 1 lb.

18. Italian Bread 22 oz. Loaf

19. Hamburger Helper 7.5 oz.

20. Nabisco Wheat Thins 8 oz

21. Thomas’ Mini Bagels--12 count

22. GRAND TOTAL Add up the prices you estimated for each product for a GRAND total!

23. SHARE Totals Spent

24. REAL Prices

25. V-8 Splash 64 oz. $2.59

26. Pillsbury Crescent Rolls--10 count $2.49

27. General Mills Cheerios 14 oz. $3.59

28. Eight O’Clock Coffee 11 oz. $6.19

29. Kraft Shredded Cheese 8 oz. $3.99

30. Ragu Spaghetti Sauce 45 oz. $2.99

31. Hillshire Farm Lite Kielbasa 14 oz. $4.49

32. Butter 1 lb. $3.99

33. Milano Italian Bread 22 oz. Loaf $2.99

34. Hamburger Helper 7.5 oz. $1.79

35. Nabisco Wheat Thins 8 oz $3.69

36. Thomas’ Mini Bagels--12 count $4.69

37. GRAND TOTAL $43.48