How do people know that they will have enough money to pay for things and still be able to save money? They keep a budget!
A budget is a plan for spending and saving. It shows money that you earn and money that you spend. In this way, it helps you keep track of money that comes in and goes out.
A budget helps people decide how to use their money wisely. They change their spending and saving plans to reach different goals, such as saving more money or making a big purchase. What spending and saving goals do you have? Do you have a budget for your goals?
