Social Studies, 27.03.2021 04:20 kimberlywhite19
If your parents give you $2 a week for allowance, then your “Income” (or Money) is $2. If you want to buy a toy that costs $6, then you know you won’t have enough money yet. You only have $2 now. So you have to earn 4 more dollars to buy the toy. $6 Toy - $2 “Income” (Money) = $4 Still Needed to Buy the Toy. If you save your allowance for three weeks, then you can buy the toy! $2 Week 1 Allowance + $2 Week 2 Allowance + $2 Week 3 Allowance = $6 Total “Income” (Money) If you save your money for three weeks, you will have enough money to buy the toy! Use the sample budget on the next page to practice making a budget.
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If your parents give you $2 a week for allowance, then your “Income” (or Money) is $2. If you want t...
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