Money Jars on the Table
Age 16 · Daily Life
A household receives money and decides how to split it. Some goes to must-haves, some to fun, and some is kept for later.
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Age 16: open this week
Browse Age 16In the picture
- Open wallet with banknotes and coins: money coming in
- Large glass jar with a miniature house, a grocery bag and a light bulb: essential spending
- Middle glass jar with a miniature football and headphones: discretionary spending
- Small piggy bank with a coin at its slot: savings
Examples
- A monthly salary covers rent and groceries first, then a cinema ticket, and moves some money to savings.
- A birthday gift is divided between a bus pass, a video game, and a savings account.
Key takeaways
- Cover essentials before discretionary spending.
- Treat savings as a regular expense.
Quiz: Money Jars on the Table (Age 16)
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According to the card, what should be covered before discretionary spending?
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How should savings be treated in a household budget?
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Before a household splits its budget, what must it first receive?
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