Somerset Regal Bank — Budgeting
- Before withdrawing money, think about what you want to buy in the village today
- Create a simple spending plan: list the stores you want to visit and how much each item costs
- Decide how much money to withdraw based on your spending plan
- Activity: Use a planning worksheet to write down your planned purchases and add up the total
- Understand the difference between “needs” (things you must buy) and “wants” (things you’d like to buy)
- Check if your plan fits within the money you have available
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