Teachers, save “Budgeting Fun: Trip to the museum” to assign it to your class.

A budget is a plan for managing money. Budgets can be made for an individual person, a family, a business, a government or a country – they can be made for anything or anyone that makes and spends money! The Smith family have been spending and saving wisely so that they can do some fun activities together during the school holidays. They have created a budget for a few different activities. Today the Smith family Mum (Jane), Dad (Matthew), Matilda (2 years old), Amy (6 years old) and Max (8 years old) are visiting the Kids Museum. Their budget is $45.00. Answer the following questions to help the Smith family manage their activity budgets. Please answer the questions on the template.