Grade 8 Math · Financial Literacy

Balance a monthly budget

Track income and expenses to determine whether a budget is balanced and by how much. Unlimited questions, five difficulty levels, and a full worked solution every time, included free with weekly lessons.

Practice this skill Curriculum: G8-F1.2, G8-F1.3

Try one

This month you earn $480.00 from a part-time job. Your expenses are: gym $70.00, snacks $160.00, savings goal $80.00. How much money is left after all expenses? (A negative answer means you overspent.)

Answer: $170.00

See one solved, step by step

This month you earn $420.00 from a part-time job. Your expenses are: gym $80.00, snacks $40.00, savings goal $50.00, bus pass $50.00. How much money is left after all expenses? (A negative answer means you overspent.)

📘 Worked solution

1$80.00 + $40.00 + $50.00 + $50.00 = $220.00Add every expense to see the month's total spending.

2$420.00 - $220.00 = $200.00Income minus expenses is what's left to save or spend.

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