What is budgeting?
Choose 1 answer
{"type":"multi-choice","id":"85304","dataJson":{"type":"multi-choice","slide_id":374528,"key":85304,"prompt":"\u003cp\u003eWhat is budgeting?\u003c/p\u003e","validResponse":[85798],"use_data":false,"question_body":"","question_video_url":"","question_fileboy_image_id":"","options":[{"label":"the worry or pressure you feel when you don’t have enough money to cover your expenses or manage unexpected costs","value":85801,"fileboyId":"d69c2c0d-cea8-4881-abc8-b1ec5208d182"},{"label":"planning how to spend and save your money so you stay in control and avoid overspending","value":85798,"fileboyId":"1017c867-7e8f-44f5-a1ef-31973a3651c1"},{"label":"the money you earn from working, usually paid weekly or monthly by your employer","value":85802,"fileboyId":"b767f8bb-2ddc-41bc-9bf6-5c61d1980ccb"},{"label":"the money you receive, such as wages, benefits, or allowances, that you can use to pay for your needs and wants","value":85799,"fileboyId":"844f76aa-5b1d-4021-ae2f-11e0606ee335"},{"label":"the costs of things you spend money on, like rent, food, travel, and bills","value":85800,"fileboyId":"d992a778-c839-4475-8a53-5e6434a2aa59"}],"question_data":{"body":"Section 2: What Is a Budget? - A budget is a plan for how you spend and save your money. It helps you make sure you’re not spending more than you earn. ","video":null,"image_url":"https://new-server.developingexperts.com/file-cdn/images/get/9a57bf97-e784-42e7-b5fd-842ba63e18e8?transform=resize:800x600;format:webp;quality:80"},"limitChoices":{"min":1,"max":1}}}
What are expenses?
Choose 1 answer
{"type":"multi-choice","id":"85306","dataJson":{"type":"multi-choice","slide_id":374529,"key":85306,"prompt":"\u003cp\u003eWhat are expenses?\u003c/p\u003e","validResponse":[85800],"use_data":false,"question_body":"","question_video_url":"","question_fileboy_image_id":"","options":[{"label":"the costs of things you spend money on, like rent, food, travel, and bills","value":85800,"fileboyId":"d992a778-c839-4475-8a53-5e6434a2aa59"},{"label":"the money you receive, such as wages, benefits, or allowances, that you can use to pay for your needs and wants","value":85799,"fileboyId":"844f76aa-5b1d-4021-ae2f-11e0606ee335"},{"label":"the money you earn from working, usually paid weekly or monthly by your employer","value":85802,"fileboyId":"b767f8bb-2ddc-41bc-9bf6-5c61d1980ccb"},{"label":"planning how to spend and save your money so you stay in control and avoid overspending","value":85798,"fileboyId":"1017c867-7e8f-44f5-a1ef-31973a3651c1"},{"label":"the worry or pressure you feel when you don’t have enough money to cover your expenses or manage unexpected costs","value":85801,"fileboyId":"d69c2c0d-cea8-4881-abc8-b1ec5208d182"}],"question_data":{"body":"Section 3: Budget Building Blocks - Now let’s look at the two main parts of a budget: Money In and Money Out. It’s important to balance these. If your expenses are higher than your income, what do you think might happen? Let’s take a moment to think about it and share some ideas. There are no wrong answers.","video":null,"image_url":"https://new-server.developingexperts.com/file-cdn/images/get/f84659dd-547b-425a-b32e-f8301707825a?transform=resize:800x600;format:webp;quality:80"},"limitChoices":{"min":1,"max":1}}}
What is financial stress?
Choose 1 answer
{"type":"multi-choice","id":"85307","dataJson":{"type":"multi-choice","slide_id":374534,"key":85307,"prompt":"\u003cp\u003eWhat is financial stress?\u003c/p\u003e","validResponse":[85801],"use_data":false,"question_body":"","question_video_url":"","question_fileboy_image_id":"","options":[{"label":"the worry or pressure you feel when you don’t have enough money to cover your expenses or manage unexpected costs","value":85801,"fileboyId":"d69c2c0d-cea8-4881-abc8-b1ec5208d182"},{"label":"planning how to spend and save your money so you stay in control and avoid overspending","value":85798,"fileboyId":"1017c867-7e8f-44f5-a1ef-31973a3651c1"},{"label":"the costs of things you spend money on, like rent, food, travel, and bills","value":85800,"fileboyId":"d992a778-c839-4475-8a53-5e6434a2aa59"},{"label":"the money you earn from working, usually paid weekly or monthly by your employer","value":85802,"fileboyId":"b767f8bb-2ddc-41bc-9bf6-5c61d1980ccb"},{"label":"the money you receive, such as wages, benefits, or allowances, that you can use to pay for your needs and wants","value":85799,"fileboyId":"844f76aa-5b1d-4021-ae2f-11e0606ee335"}],"question_data":{"body":"Let’s look at a simple example: If you earn £800 in a month and spend £600, you have £200 left. That’s your balance, which you can save or use for future needs. Budgeting gives you control over your money, helps you plan ahead, and reduces financial stress. It’s a useful skill for everyday life.","video":null,"image_url":"https://new-server.developingexperts.com/file-cdn/images/get/6aa458d2-e3ee-496f-aab5-8a943e1894a2?transform=resize:800x600;format:webp;quality:80"},"limitChoices":{"min":1,"max":1}}}
What is income?
Choose 1 answer
{"type":"multi-choice","id":"85305","dataJson":{"type":"multi-choice","slide_id":374529,"key":85305,"prompt":"\u003cp\u003eWhat is income?\u003c/p\u003e","validResponse":[85799],"use_data":false,"question_body":"","question_video_url":"","question_fileboy_image_id":"","options":[{"label":"the money you receive, such as wages, benefits, or allowances, that you can use to pay for your needs and wants","value":85799,"fileboyId":"844f76aa-5b1d-4021-ae2f-11e0606ee335"},{"label":"the costs of things you spend money on, like rent, food, travel, and bills","value":85800,"fileboyId":"d992a778-c839-4475-8a53-5e6434a2aa59"},{"label":"the worry or pressure you feel when you don’t have enough money to cover your expenses or manage unexpected costs","value":85801,"fileboyId":"d69c2c0d-cea8-4881-abc8-b1ec5208d182"},{"label":"the money you earn from working, usually paid weekly or monthly by your employer","value":85802,"fileboyId":"b767f8bb-2ddc-41bc-9bf6-5c61d1980ccb"},{"label":"planning how to spend and save your money so you stay in control and avoid overspending","value":85798,"fileboyId":"1017c867-7e8f-44f5-a1ef-31973a3651c1"}],"question_data":{"body":"Section 3: Budget Building Blocks - Now let’s look at the two main parts of a budget: Money In and Money Out. It’s important to balance these. If your expenses are higher than your income, what do you think might happen? Let’s take a moment to think about it and share some ideas. There are no wrong answers.","video":null,"image_url":"https://new-server.developingexperts.com/file-cdn/images/get/f84659dd-547b-425a-b32e-f8301707825a?transform=resize:800x600;format:webp;quality:80"},"limitChoices":{"min":1,"max":1}}}
What are wages?
Choose 1 answer
{"type":"multi-choice","id":"85308","dataJson":{"type":"multi-choice","slide_id":374529,"key":85308,"prompt":"\u003cp\u003eWhat are wages?\u003c/p\u003e","validResponse":[85802],"use_data":false,"question_body":"","question_video_url":"","question_fileboy_image_id":"","options":[{"label":"planning how to spend and save your money so you stay in control and avoid overspending","value":85798,"fileboyId":"1017c867-7e8f-44f5-a1ef-31973a3651c1"},{"label":"the money you receive, such as wages, benefits, or allowances, that you can use to pay for your needs and wants","value":85799,"fileboyId":"844f76aa-5b1d-4021-ae2f-11e0606ee335"},{"label":"the costs of things you spend money on, like rent, food, travel, and bills","value":85800,"fileboyId":"d992a778-c839-4475-8a53-5e6434a2aa59"},{"label":"the money you earn from working, usually paid weekly or monthly by your employer","value":85802,"fileboyId":"b767f8bb-2ddc-41bc-9bf6-5c61d1980ccb"},{"label":"the worry or pressure you feel when you don’t have enough money to cover your expenses or manage unexpected costs","value":85801,"fileboyId":"d69c2c0d-cea8-4881-abc8-b1ec5208d182"}],"question_data":{"body":"Section 3: Budget Building Blocks - Now let’s look at the two main parts of a budget: Money In and Money Out. It’s important to balance these. If your expenses are higher than your income, what do you think might happen? Let’s take a moment to think about it and share some ideas. There are no wrong answers.","video":null,"image_url":"https://new-server.developingexperts.com/file-cdn/images/get/f84659dd-547b-425a-b32e-f8301707825a?transform=resize:800x600;format:webp;quality:80"},"limitChoices":{"min":1,"max":1}}}
Look at the slide below to work out the answer.
Address
Developing Experts Limited
Exchange Street Buildings
35-37 Exchange Street
Norwich
NR2 1DP
UK
Phone
01603 273515
Email
[email protected]
Copyright 2025 Developing Experts, All rights reserved.
Unlock expert-designed lessons, resources, and assessments tailored for educators. No credit card required.
Claim Your Free Trial →