Unit 2, Worksheet 1

Unit 2 Worksheet 1

Name: Date:

Budget Practice The Lindgrens are a family of four: mother, father and two kids. They also  have two dogs.  Look at their monthly budget below.  Calculate the Difference  and the Totals. Month: February

Monthly Expenses

Budgeted Amount

Actual Amount Spent

$278 $72.39 $60 $100

$278 $72.39 $62.35 $0

$865 $122 $150

$865 $110.75 $230

$350 $200

$345 $400

$50 $70 $300 $200 $100

$49.52 $58.24 $573.97 $159.42 $0

Difference

Auto Car Payment Insurance Gas Maintenance Housing House Payment Utilities Phone (home, cell) Food Groceries Eating Out Dogs Food Medical/Grooming Clothing Entertainment Medical TOTAL 1.  Where did the Lindgrens spend too much money?  _____________________________________________________________________________ _

Heinle & Heinle © 2002 Stand Out 4 Activity Bank

Unit 2 Worksheet 1

Name: Date:

2.  Where did the Lingrens budget money but not spend it?  _____________________________________________________________________________ _ 3.  What suggestions would you give the Lindgrens for next month? _______________________ _____________________________________________________________________________ _ _____________________________________________________________________________ _ _____________________________________________________________________________ _

Heinle & Heinle © 2002 Stand Out 4 Activity Bank