57
Analysing a budget
To understand how someone uses money, we can look at their budget
and their spending and saving habits.
Peter receives €20 every month as pocket money. He spends a total of
€17 per month on sweets, the cinema and his favourite magazines.
He puts the rest of his money, €3, in his money box. When he has saved
enough money, he wants to buy a new computer game.
2
Match to make sentences in your notebook.
a)
A budget is…
1.
compare prices in different shops.
b)
We should…
2.
is often used to plan spending on food.
c)
It's a good idea…
3.
to make a list of products we need.
d)
A household budget…
4.
the money we have to spend.
3
41
Listen and complete Alice’s budget.
Pocket money:
per month.
Spending: sweets
video games
swimming
accessories
4
T
h
i
n
k
!
Calculate the amount of money Alice spends each month. How much money can she save?
5
Make a budget.
a)
Find out how much money you would need to save to buy a new bike. Compare prices in different
shops, and decide which bike to buy.
b)
Calculate how much money you would need to save each month to buy the bike in 12 months.
c)
Make a table to show your budget. Explain your budget to a partner.
6
42
QUIZ
Check your learning.
A
C T I V I T I E S
Peter’s budget
Pocket money: €20
per month
Monthly spending
Sweets: €4, Cinema: €10,
Magazines: €3
Governments make a
national budget each year
to plan their spending in
areas such as education,
healthcare and roads.
However, many countries,
including Spain, the US
and the UK, spend more
money than they receive!
G
E
O
-
F
A
C
T
