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Life skills · Grades 5–9

Plan a budget with stated assumptions · Revision sheet

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.

Explain without looking

  1. Why distinguish a recurring expense from a one-time expense?
  2. A monthly fictional cost is 9 units. What is the total for 12 months with no price change?

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