© 2012 Fruition Horticulture Why have a budget? To keep track of your money – where it is going...

© 2012 Fruition Horticulture

Why have a budget?

• To keep track of your money –

where it is going

• To pay your bills on time

• Save for the things you like

Budgeting A budget will help you

make the most of your income.


Budgeting Terms

If you spend less than you earn this is

called a budget SURPLUS

• You can use your budget to works

out how much you can put aside

each pay to save


If you spend more than you earn this is

called a budget DEFICIT

• You can use your budget to work out where

your money is going and ways you can cut

your spending or increase your income

Budgeting Terms


Get the information you need:• A record of your day-to-day spending• A list of any other costs• Details about your income• Savings

Getting Started

A budget

needs to be

accurate or

it won’t

work


Writing Your BudgetWrite a weekly plan about:• How much you need for food• How much you need to pay your

regular bills• How much you have left over

A budget is ... INCOME less EXPENSES = SURPLUS or DEFICIT

A SURPLUS means we can SAVE!


To help the RSE worker(s) to:• Understand budgeting terms: income,

expenses, surplus, deficit.

ActivitiesTest your budget knowledge. Take the Budget quiz by clicking on the tick button below.

Learning Goals

http://www.weebly.com/uploads/1/2/4/9/12499365/budget_quiz.pdf


To help the RSE worker(s) to:• Identify weekly income and expenses• Calculate weekly, monthly, and budget

surplus for their time in New Zealand (addition, multiplication)

ActivitiesCreate a draft personal budget by clicking on the tick button below.

Learning Goals

http://www.weebly.com/uploads/1/2/4/9/12499365/budgeting_form.pdf

© 2012 Fruition Horticulture Why have a budget? To keep track of your money – where it is going...

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