Thursday, February 12, 2015

Money: Monthly Budget


LearningChocolate: Monthly Budget

Anna is a waitress at Donny's Restaurant.
She works 40 hours per week and earns $12.00 per hour.
How much money does she earn in one month?

She deposits her paycheck and tips into her checking account.
She uses the money in her checking account to pay for her monthly expenses.
She transfers $200 from her checking account to her savings account.
She saves money for a trip to see her family.

She makes a monthly budget.
She writes down the amounts of her income and expenses.
Does she have enough money to pay her bills and save for the future?