💵 What Is a Budget?
3rd Grade 💰 Money & Economics
A budget is a plan for your money: how much comes in, how much you spend and how much you save.
Money in, money out
Money that comes in is income — like allowance or birthday money. Money going out is expenses — like a toy or a snack.
Make a plan
A simple kids’ budget uses three jars: Save, Spend and Share. If you get $10, you might put $5 in Save, $4 in Spend and $1 in Share (to give to a cause you care about).
Why budgets help
A budget helps you reach goals, like saving up for a bike, and avoid spending money you don’t have.
Quick quiz
What is income?
What are the three jars in a kids’ budget?
Why make a budget?