CEE Standard – Buying Goods and Services
BUDGET CHALLENGE
NAME: ___________
DATE: ___________
This week keep track of where you spend your money. Also, take time to categorize each item as a need or a want. Remember, a need is something like shelter that you can’t live without. A want is something you like, but can live without.
ITEM AND PRICE: CATEGORY:
ITEM AND PRICE: CATEGORY:
ITEM AND PRICE: CATEGORY:
ITEM AND PRICE: CATEGORY:
GRAND TOTAL:
WHAT PERCENTAGE OF YOUR PURCHASES WERE NEEDS VERSUS WANTS?
% NEEDS: % WANTS:
EXERCISE: With the analysis of your spending, see if you can reduce 10% or more of spending on your wants. This is the money you could add to a savings account.
Answer here:
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