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How to Set Up a Budget: Activity 2 of 3

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Another step in making a budget is keeping track of how much you’re spending.

In this activity, help Paulette, Isha, and Sol and Viv find out if their expenses are over or under the amount they’ve budgeted for them.

Sol and Viv have a $300 budget for their three kids’ back-to-school expenses. So far this month, they have spent $40 on paper and supplies, $110 on new clothes, $60 for backpacks and book bags, and $55 in fees for extracurricular activities. Are they over or under their budget?
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