After destroying Ben’s pajamas during one of Buddy’s typical flights of fancy, Buddy suggests that Ben can simply go buy new pajamas. Ben explains that he can’t do that because new pajamas are not in his budget. Ben and Buddy discuss the components of a budget and the reason to develop one.
Essential Question: How does a budget help save money?
Learning Objective: The student will explain that a budget is a plan for spending and saving income.
Essential Vocabulary: budget, savings, spending
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