© 2012 Fruition Horticulture

Why have a budget?• To keep track of your money –

where it is going• To pay your bills on time• Save for the things you like

Budgeting A budget will help you make

the most of your income.

© 2012 Fruition Horticulture

Budgeting TermsIf you spend less than you earn this is called a budget SURPLUS • You can use your budget to works

out how much you can put aside each pay to save

© 2012 Fruition Horticulture

If you spend more than you earn this is called a budget DEFICIT • You can use your budget to work out where

your money is going and ways you can cut your spending or increase your income

Budgeting Terms

© 2012 Fruition Horticulture

Get the information you need:• A record of your day-to-day spending• A list of any other costs• Details about your income• Savings

Getting Started

A budget needs to be accurate or

it won’t work

© 2012 Fruition Horticulture

Writing Your BudgetWrite a weekly plan about:• How much you need for food• How much you need to pay your

regular bills• How much you have left over

A budget is ... INCOME less EXPENSES = SURPLUS or DEFICIT

A SURPLUS means we can SAVE!

© 2012 Fruition Horticulture

To help the RSE worker(s) to:• Understand budgeting terms: income,

expenses, surplus, deficit.

ActivitiesTest your budget knowledge. Take the Budget quiz by clicking on the tick button below.

Learning Goals

© 2012 Fruition Horticulture

To help the RSE worker(s) to:• Identify weekly income and expenses• Calculate weekly, monthly, and budget

surplus for their time in New Zealand (addition, multiplication) 

ActivitiesCreate a draft personal budget by clicking on the tick button below.

Learning Goals