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Maths Project: Planning A Home Budget

This document provides information about planning a home budget for a family. It includes an introduction to different types of budgets such as master, operational, cash flow, financial, and static budgets. It then discusses planning a home budget in detail, including collecting information about family members, income sources, expenses categories like housing, food, utilities, transportation, education, and entertainment. It presents the collected information in a table and bar graph comparing expenses. Finally, it calculates the total income, taxes, actual income, expenditures, and savings for the family.

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adil rizvi
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1K views10 pages

Maths Project: Planning A Home Budget

This document provides information about planning a home budget for a family. It includes an introduction to different types of budgets such as master, operational, cash flow, financial, and static budgets. It then discusses planning a home budget in detail, including collecting information about family members, income sources, expenses categories like housing, food, utilities, transportation, education, and entertainment. It presents the collected information in a table and bar graph comparing expenses. Finally, it calculates the total income, taxes, actual income, expenditures, and savings for the family.

Uploaded by

adil rizvi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
  • Cover Page: The cover page of the maths project, stating the project title, student name, class, and roll number.
  • Acknowledgement: Acknowledges the guidance and support received from individuals in completing the project.
  • Index: An empty index page intended for listing topics and page numbers.
  • Introduction: Provides an overview of different types of budgets and their importance in financial management.
  • Planning Home Budget for a Family: Details the aspects of planning a home budget, including family details and financial needs.
  • Table of Monthly Expenses: Lists various expense categories and the expected monthly amounts for each.
  • Bar Graph: Instruction for adding a bar graph to compare expenses visually.
  • Conclusion: Summarizes the family’s financial status, including income, taxes, expenditure, and savings.
  • Bibliography: Lists the references and sources consulted for the project.

MATHS PROJECT

Planning a home Budget

Name:
Class :
Roll No. :
ACKNOWLEDGEMENT
I would like to thank Ms. ____________ for her valuable guidance and

help. She clarified all my queries about the project without which I
would have not been able to complete the project. I would also like to
thank my family for providing all necessary materials and my friends for
helping me with this project.
INDEX

S. No. TOPIC PAGE


Introduction(2 pages)
• Budget

Types of Budget
1. Master Budget
A master budget is a comprehensive projection of how management expects to
conduct all aspects of business over the budget period, usually a fiscal year.
2. Operational Budgets
The operational budget covers revenues and expenses surrounding the day-to-day
core business of a company. Revenues represent sales of products and services;
expenses define the costs of goods sold as well as overhead and administrative costs
directly related to producing goods and services.
3. Cash Flow Budget
• A cash flow budget examines the inflows and outflows of cash in a business on a
day-to-day basis. It predicts a company's ability to take in more money than it pays
out.
4. Financial Budget
A financial budget outlines how a business receives and spends money on
a corporate scale, including revenues from core business plus income and
costs from capital expenditures.
5. Static Budget
• A static budget contains elements where expenditures remain unchanged
with variations to sales levels. Overhead costs represent one type of static
budget.
• Personal Budget
Planning home budget for a family (3-4 pages)
Details
1. Name :
2. No. of members in the family :
3. Children studying :
4. Helping hands at home :
5.Land line and Mobile phones :
6. No. of vehicles :
7. House owned or rented :
8.Occupation of earning members :
Table with information of all the following expenses for a month
S.No. Category Monthly amount
1. Total Income
2. Tax
3. Actual Income
4. House maintenance
5. Rent
6. Grocery, fruits and vegetables
7. Milk
8. Water and Electricity
9. Vehicles
10. Clothes
11. Education
12. Mobiles and Internet
13. Medicines
14. Home helpers
15. Entertainment
16. Miscellaneous
Bar Graph comparing all the expenses

STICK GRAPH PAPER ON A4 SHEET


Conclusion
Total income of the family : ____________

Taxes to be paid : _____________

Actual Income after paying taxes : ____________

Expenditure : ____________

Savings : ____________
BIBILOGRAPHY

MATHS PROJECT Planning a home Budget Name: Class : Roll No. :
ACKNOWLEDGEMENT I would like to thank Ms. ____________ for her valuable guidance and help. She clarified all my queries about
INDEX S. No. TOPIC PAGE
Introduction(2 pages) • Budget Types of Budget 1. Master Budget A master budget is a comprehensive projection of how manageme
4. Financial Budget A financial budget outlines how a business receives and spends money on a corporate scale, including rev
Planning home budget for a family (3-4 pages) Details 1. Name : 2. No. of members in the family : 3. Children studying
Table with information of all the following expenses for a month S.No. Category Monthly amount 1. Total Income 2. Tax 3. Actu
Bar Graph comparing all the expenses STICK GRAPH PAPER ON A4 SHEET
Conclusion Total income of the family : ____________ Taxes to be paid : _____________ Actual Income after paying taxes : __
BIBILOGRAPHY

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