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MONEY · Lesson 6

Build Your Own Budget

Plan your money. Sort every expense: need or want?

1

Your money per month

How much money do you get or earn in one month? Pocket money, small jobs, gifts … It can also be an imagined amount.

€
2

Add your expenses

What do you spend money on? Write it down, then decide: is it a need or a want?

€
Average cost for 1 person / month
Rent, 1-room flat (outside the city centre)€350 – €1,100
Rent, 1-room flat (city centre)€450 – €1,450
Food & groceriesabout €320
Monthly transport ticketabout €60
Internetabout €40
Cheap restaurant mealabout €15 / meal
Everything except rentabout €1,000

Example: Germany. Prices are very different in other countries and cities.
🔎 Your task: check one price for your city on your iPad. Is it higher or lower?
Source: Wise cost-of-living data, converted from US$ and rounded.

3

My budget plan

You can change the amount or switch need / want at any time.

No expenses yet. Add your first one above.
4

How does it look?

Needs Wants Leftover
Income
€0
All expenses
€0
Needs
€0
Wants
€0
Let's start.Enter your income and your first expense.
5

Think about it

I think … because …I would cut … because … For me, … is a need because …I am not sure, but I think …