Using Math to Manage Your Money

Understanding math helps you make smart choices with your money. You can use skills like adding, subtracting, multiplying, and dividing to create a budget, save for goals, and avoid running out of cash.

Making a Budget

A budget lists your income (money you get) and expenses (money you spend). Subtract your expenses from your income to see if you are saving or overspending.

Real Life Scenarios

• Saving for a video game? Figure out how much to set aside each week.
• Deciding between two phone plans? Use math to compare the costs.

Math skills help you make better decisions about spending and saving!