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6.01K HOUSEHOLD BUDGETING and the FOOD SPENDING PLAN

6.01K HOUSEHOLD BUDGETING and the FOOD SPENDING PLAN. HOUSEHOLD BUDGETS. What is/are…. A budget? A meal manager? Income? Fixed Expenses? Flexible Expenses? Food Spending Plan?. 2. A budget is …. a plan for budgeting money. 6.01K Household Budgeting and The Food Spending Plan.

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6.01K HOUSEHOLD BUDGETING and the FOOD SPENDING PLAN

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  1. 6.01K HOUSEHOLD BUDGETING and the FOOD SPENDING PLAN

  2. HOUSEHOLD BUDGETS • What is/are…. • A budget? • A meal manager? • Income? • Fixed Expenses? • Flexible Expenses? • Food Spending Plan? 6.01K Household Budgeting and The Food Spending Plan 2

  3. A budget is …. • a plan for budgeting money 6.01K Household Budgeting and The Food Spending Plan

  4. A meal manager is… • someone who uses resources to plan, prepare, and serve food. 6.01K Household Budgeting and The Food Spending Plan

  5. Income is… • money received. 6.01K Household Budgeting and The Food Spending Plan

  6. Fixed expenses are… • a fixed amount of money paid on a regular basis such as rent and installment loans. 6.01K Household Budgeting and The Food Spending Plan

  7. Flexible expenses are… • regularly recurring costs that may vary in amount such as utility bills, food, and clothing. 6.01K Household Budgeting and The Food Spending Plan

  8. A Food Spending Plan is… • a method to help you spend your food dollars wisely. • This means: • Getting the most for your money • Getting the highest quality for your money • Getting the most nutrition for your money 6.01K Household Budgeting and The Food Spending Plan 8

  9. How Do I Budget? • List monthly take home pay • Subtract fixed expenses • Subtract flexible expenses • Total = leftover income after expenses for food and savings 6.01K Household Budgeting and The Food Spending Plan 9

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