Reading is an Investment 5 th6 th Grades

Reading is an Investment 5 th-6 th Grades 2014 -2015

Rose. Aleta’s Budget TIME FRAME What amount of time does your plan cover? 3 months! May, June, July

Rose. Aleta’s Budget GOAL I want to raise $20, 000 to create a children’s section in the public library.

Rose. Aleta’s Budget INCOME I have to raise all of the money. Right now I have ZERO dollars. Write Letters Fundraising Event!

SPENDING CHOICES Building Cost $5, 000 1

$20, 000 - 5, 000 $15, 000

SPENDING CHOICES Kid’s Sofa $279 Book $279 1 $15 100 15 X 100 = 1, 500 $15, 000 - 1, 500 $13, 500 $1, 500

Spend all of the money. Buy at least one of each item. The GRAND TOTAL must equal $20, 000.

Rose. Aleta’s Budget SPENDING AREAS ITEM COST PER UNIT QUANTITY TOTAL Computer Package $500 3 $1500 Shelving $660 9 $5940 Book Chest $740 2 $1480 Kid’s Sofa $279 1 $279 Kid’s Armchair $179 1 $179 Computer Table $200 2 $400 Kid’s Table $560 2 $1120 Wood Kid’s Chairs $179 6 $1074 Books $15 150 $2250 Bldg Renovations $5000 1 $5000 TOTAL : $20, 000

Rose. Aleta’s Budget TRACKING If I only raise $10, 000 what will I have to cut? ITEM COST PER UNIT QUANTITY TOTAL Computer Package $500 3 $1500 Shelving ________________ __ __ $660 9 $5940 $740 2 $1480 $279 1 $279 $179 1 $179 $200 2 $400 $560 2 $1120 Wood Kid’s Chairs $179 6 $1074 Books $15 150 $2250 Bldg Renovations $5000 1 $5000 Book Chest Kid’s Sofa Kid’s Armchair Computer Table Kid’s Table

TIME FRAME: The time that your plan covers. GOAL: What do you want to do with your money? INCOME: How much money do you have? Where will you earn more money? SPENDING: I will make spending choices to follow my money plan goal. TRACKING: How much have I saved for my goal? Did I have to spend some of my money?