HOUSEHOLD BUDGETS
In this section, students will learn the importance of budgets for preparing and planning for the future.
We will look at preparing budgets by identifying and calculating income and expenditure balances and applying them to already acquired business knowledge. Students will then interpret whether a budget shows a surplus or a deficit and what this means for household income and expenditure.
We will look at preparing budgets by identifying and calculating income and expenditure balances and applying them to already acquired business knowledge. Students will then interpret whether a budget shows a surplus or a deficit and what this means for household income and expenditure.
| Household Budgets |
| Budget Notes Opening Closing Cash |
