Balanced, surplus and deficit budgets

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• 9 sections of explanation, worked examples and diagrams
• 1 practice task with hints and worked answers
• A quiz that marks itself as you go
• Your progress kept across every subject you take

Other lessons in this sub-strand

1. What a budget is
2. The importance of budgeting
3. Sources of household income
4. Types of household expenditure
5. Needs and wants
6. Factors: the household
7. Factors: income and prices
8. Steps in making a budget
9. A sample household budget
10. Balanced, surplus and deficit budgets
11. Saving and planning for goals
12. Smart shopping
13. Keeping records and monitoring
14. Living within your means
15. Review of budgeting