Balanced Budget

Worksheet by Stephanie Roadcap
Balanced Budget worksheet preview image
Subjects
Math
Grades
5
Language
ENG
Assignments
88 classrooms used this worksheet

Master budgeting with our Balanced Budget Worksheet!

1. Gina earns $22 doing yard work each month. Her monthly allowance is $30. When she made a monthly budget she found that her monthly expenses are $65. What amount does Gina need to earn from babysitting to be able to balance her monthly budget? $13 $5 $8 $3 2. Alex made a monthly budget. His monthly allowance is $25. He makes $35 each month watering garden flowers for a neighbor. His monthly expenses are $80. What amount does he need to make from walking his neighbors' dogs to be able to balance his budget? $15 $60 $20 $80 3. The Gonzales family monthly income is $2,950. Their monthly expenses for September are shown below.What is the maximum amount the Gonzales family can save in the month of September? 4. Arnie earns $56 tutoring every month and he receives an allowance of $20. His expenses each month are $88. What additional amount does Arnie need to earn each month to be able to balance his monthly budget? $24 $76 $12 $40 5. Which family can create a monthly budget that includes saving as an expense and also have a balanced budget? The Thompson family because they have $1,200 in income and $1,300 in expenses. The Garcia family because they have e $1,500 in income and $1,500 in expenses. The DeBorde family because they have $750 in income and $800 in expenses. The Sullivan family because they have $1,000 in income and $900 in expenses. 6. The Tarrant family’s monthly income is $2,500. Their monthly expenses are shown below.What is the maximum amount, in dollars, that the Tarrant family can save each month after all expenses are paid?

personal finance math practice budgeting skills money management
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