Idea 18of 23Builds onSave a set amount each week
Keep a record of money
How do you keep track of where your money really went?
Today you'll discover
- how each row changes the balance
- how to find the balance at the end
- why a record helps the next budget
Think firstAva's record for March
Ava's balance is $42. Next she spends $12 on a gift for Dad. What is her new balance?
Decide first, then press Next. Read each row from the balance just above it.
Ava's record for March: a table of rows with money in, money out and the balance, and a bar on each row. Start $25; walking dogs +$15, $40; movie −$8, $32; allowance +$10, $42; gift for Dad −$12, $30. The last row is outlined, with $25 + $25 in − $20 out = $30 at the end. The last step shows Sam's week starting at $18.
See the whole ideathe big idea and the key word, in one place
The big idea
A record lists every amount in and out, in order, with the balance after each one.
Why keep a recordComparing the record with the plan shows where the money really went, and what to adjust in next month's budget.
Easy to get wrongEach new row starts from the balance just above it, not from the first row.
Key word
- record
- a list, in order, of every amount of money that came in or went out, with the balance after each
Ready to use it?
- Keep a record of money in and out.
- Find the balance after each row.