The Money PagesMake the List Before You Shop
A reading club has $24. Its cushions, sign, and labels cost $26. Time for a new plan.
A reading club has $24. Its shopping list says:
- Cushions: $12
- Sign: $8
- Book labels: $6
The total is $26. That's $2 more than the club has.
The group hasn't bought anything yet. It can change the plan. Could it make a sign from spare cardboard? Use different labels? Buy something later?
A budget is a plan for using the money you have. It helps people spot a problem before they reach the checkout.
The club checks with its teacher before using shared supplies. Then it makes a list that fits.
Money words
Budget
A plan for using the money you have.
Add up your list before buying. If it costs more than you have, you can change the plan.
