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SEN Knowing and Growing Budgeting!. Needs Needs are things you must have in order to live. (food, water, shelter)

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Presentation on theme: "SEN Knowing and Growing Budgeting!. Needs Needs are things you must have in order to live. (food, water, shelter)"— Presentation transcript:

1 SEN Knowing and Growing Budgeting!

2 Needs Needs are things you must have in order to live. (food, water, shelter)

3 Wants are things you would like but are not necessary in order to live. (cake, sweets, fashionable clothes, mp3 players, computer games) Wants

4 This is money you have, which you can spend or save. (Pocket money, earnings, birthday money, Christmas money) Income

5 These are the things that you spend your money on. (Snacks, sweets, games, trips to the cinema, bowling, swimming) Expenses

6 This is the money that you dont spend right away. You keep it somewhere safe to spend later on something you are waiting to buy. Short-term savings (for a concert, school trip, new clothes/boots) Long-term savings (saving for the future) Savings

7 How much money do you get every week? Decide how much you will spend. Decide how much you will save – maybe for going on holidays. Budgeting


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