ole he FUN WITH ACTIVITY PROJECT २ Prepare your family budget on the basis of the table given below and put a tick at the right place. Income (Rupees ) Criteria Amount Criteria Rice, Salary (income) Expenditure (Rupees ) Amount groceries Vegetables Other source of income Total Total Income and Expenditure are same Income is more than expenditure Income is lesser than expenditure 000 158111
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Many people are put off by the word budget because they associate it with restrictions on spending and frugal lifestyles. That’s a misconception. Budgeting does not make you spend less, but allows you to spend smart. “A good budget lets you focus your money on the things that are most important to you,” says personal finance expert Carl Richards. By preventing you from overspending on less important items, a budget channelises resources to areas that should be given priority.
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