What is a monthly budget?
A monthly budget is a plan written in a list, chart, or graph. It contains our needs for a month and the amount of money available to spend. It answers the questions:
1. What and where are we going to spend the money?
2. How much are we going to spend?
What is a pie chart?
It is a type of graph divided up into segments which each represent a value.
How to make a monthly budget using a pie chart?
Step 1: Calculate the available money for a month.
Step 2. Think and write down the things that you need to pay in a month. Example: Food, medicine, school fees.
Step 3. Distribute the money using the pie chart.
Example: (See the attached photo)
#BRAINLYEVERYDAY