G9 Budgeting and Need for Finance

• Business Studies
• Secondary Education
• Age 13

Thursday 

9th April 

2026

Unit 1

Budgeting

• To review keywords.
• To analyse a budget.
• To identify the benefits of budgeting. 

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What are the three things we can do to increase our wealth (money)?
Spell the words correctly:
1. gnevisnit
2.vasign
3.rwbogirno

Question:

If your parents gave you 500 Dirhams right now, but you had to use it to last you for the whole school month, what is the first thing you would buy, and what is the last thing you would cut out?

What is a budget or budgeting?

1. spending money without any plan
2. creating a plan for how to use money wisely
3. saving money only for emergencies
4. making a list of you needs and wants

What are the benefits of budgeting?

Income = money you get

Spending = money you spend

Balance= money left

Calculate the budgeted total spending.

1. 3,000 AED
2. 13,000 AED
3. 31,000 AED

Calculate the actual total income.

1. 68,000 AED
2. 73,000 AED
3. 81,000 AED

Calculate the actual total balance (money left over)

68,000

1. 30,000 AED
2. 36,000 AED
3. 39,000 AED

Complete the LMS practice on how to calculate a budget. 

I understand the key words value, trade-off and sustainability.

😒🙁😐🙂😃

What is the correct meaning of a budget?

1. spending freely without any plan
2. creating a plan for how to use money wisely
3. saving money only for emergencies
4. making a list of your needs and wants