Idea 14of 23Builds onNeeds come before wants
Values shape a budget
Can two different budgets both be right?
Today you'll discover
- how two plans can both balance
- how values show in a budget
- how to read what someone values
Think firstMaya and Omar each have $25
Maya gives $10 to a shelter; Omar spends $15 on paints. Whose $25 budget is wrong?
Decide first, then press Next. Compare which line is biggest in each plan.
Maya's budget: $25 allowance in; out, animal shelter $10 (give), save for camp $10 (save), snack $5 (want). The working shows $25 − $25 = $0: balanced. Then Omar's: paints for his art $15 (want), save $5, snack $5, also balanced. The last step shows Lucas's $30: save for a guitar $20, snack $5, comic book $5.
See the whole ideathe big idea and the key word, in one place
The big idea
Two budgets can both balance and still differ: your values decide where the money goes.
Values in a budgetHelping others, a hobby, family, being ready for later: each can earn a line. Giving to a charity is a choice like any other.
Easy to get wrongA budget is not wrong because it differs from yours. Check only that it fits the money.
Key word
- values
- the things that matter most to you, like helping animals, art, or saving for later
Ready to use it?
- Say what a budget shows someone values.
- Check that two different plans both fit.