TV on a Rolling Cart

What is a budget?

From Happy Learning

What is a budget?
5 min3rd4th5thSocial Studies
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Summary

Happy Learning explains how a budget helps you plan what to spend and save. A clear, friendly animated lesson that drops easily into a unit, a center, or a quick review.

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All ages
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Teaching resources

Discussion questions

Discussion

Economics is about how people earn, spend, and save -- the choices behind money, jobs, and the things we buy.

  1. What economic idea does this video explain?
  2. How does it affect choices that families or businesses make?
  3. Can you think of an example from your own life?

Quick work-a-long

Vocabulary: money, budget, job, taxes, save, spend, business.

Try it: Make a simple budget for an imaginary $10 and explain how you would spend or save it.

What is a budget? — TV on a Rolling Cart