BUDGETING MONEY WORKSHEET   Budget - Fixed and Variable Expenses click to go to worksheet

Helps students with fundamental skills related to creating a budget.

 

LESSON LEARNED   Budgeting   Fixed and Variable Expenses		OTHER SKILLS REINFORCED Basic Math		SUGGESTED GRADE LEVELS   6+

 

WORKSHEET Instructions   This worksheet is an introduction to budgeting.  To create a budget you need to understand both your income and your expenses.  Here, fixed and variable expenses are explained and practiced.   A first step to understanding budgeting is to understand your expenses.  There are two main types of expenses, fixed expenses and variable expenses.  Fixed expenses tend to be about the same each month, for example rent.  Variable expenses tend to fluctuate each month, such as clothing.   Explain to student that each month, they may receive income from the job they have, and interest from the money they save.  Also each month they will have expenses.    Students should read the introductory text on the worksheet, and fill in the "fixed" and "Variable" expense columns.

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Budget - Fixed and Variable Expenses