Debt Aware~27th March 2017
On Monday 27th March 2017 during our maths lesson, Emma, from the Budget and Aware Team, came to school to talk to year five about budgeting money to pay for household bills, household objects, clothing(needs) and holidays, trips to cinema and meals out(wants).
Emma discussed with the class what a budget was and that it tells us three things: where the money comes from(income); where the money goes(outgoings) and how much we have left at any one time.
She then showed the class some money examples which they had to work out in booklets to show a balanced budget, a budget surplus and a budget deficit.
