StudyBrixFree worksheets, study guides and courses

Life skills · Grades 5–9

Plan a budget with stated assumptions

Separate available money, planned costs and a reserve.

Make a worksheet

Learn the idea

Budget

A plan compares expected income or allowance with spending and saving.

Reserve

Leaving a reserve can account for uncertainty in costs.

Unit price

Compare matching quantities when evaluating stated prices.

Scope

These are fictional arithmetic scenarios, not current prices or financial advice.

Worked examples

A fictional activity has 80 units available and costs 25, 18 and 12 units. How much remains?

80 − 25 − 18 − 12 = 25.

25

A pack of 6 identical items costs 12 units. Find cost per item.

12/6 = 2 units per item.

2

Check your understanding

  1. Which comparison is fairer?

    1. Price per matching unit or quantity.
    2. Only comparing package colors.
    3. Assuming every bigger package is cheaper.

  2. Reserve 10% of a 150-unit budget. How much is reserved?

  3. Why should a budget show assumptions?

Answers and marking notes

Answers and marking notes
  1. Price per matching unit or quantity.

    Comparable units support the comparison.

  2. 15

    0.10 × 150 = 15.

  3. Costs and available amounts can change, and readers need to know the basis.

    A plan is not a guarantee.

Independent educational review required. Grade bands are approximate; these are not officially aligned curricula.