Fred is a 5-year-old teacher at Kittens University who is paid $500 per month. While a $500 bike would be within Fred's monthly earnings, as a 5-year-old it is unlikely he would be able to purchase the bike on his own due to age restrictions. The document goes on to discuss basic budgeting principles around earnings, savings, expenses and creating a balanced budget.
Fred is a 5-year-old teacher at Kittens University who is paid $500 per month. While a $500 bike would be within Fred's monthly earnings, as a 5-year-old it is unlikely he would be able to purchase the bike on his own due to age restrictions. The document goes on to discuss basic budgeting principles around earnings, savings, expenses and creating a balanced budget.
Fred is a 5-year-old teacher at Kittens University who is paid $500 per month. While a $500 bike would be within Fred's monthly earnings, as a 5-year-old it is unlikely he would be able to purchase the bike on his own due to age restrictions. The document goes on to discuss basic budgeting principles around earnings, savings, expenses and creating a balanced budget.
his first month working? Now, this may be surprising for you, but now everything your earn is the exactly amount of money you can save Earnings Savings Is what you keep after spend money on Is what you get paid of when you work anything you need to live Spending - Expenses ● What you use of the money you get, to pay or buy things.
● To create a good balance on your
budget, your earnings must be greater than your expenses
…Otherwise, you will be broke!
Now it’s time to create your own Budget u h in g t d o y o e t Wh a s o m uy ? t o l i ve? h er e ou b need Is t ant y o u w y Wha t mon percent ey d a o yo ge of th r e you save u plan to e uch a w m ? Ho t o sp end ? going First try Second try Third try