Planning a home budget

1. MATHS PROJECT
Planning a home Budget
Name:
Class :
Roll No. :

2. 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.

3. INDEX
S. No. TOPIC PAGE

4. 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.

5. 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

6. 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 :
Ŕ

7. 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

8. Bar Graph comparing all the expenses
STICK GRAPH PAPER ON A4 SHEET

9. Conclusion
Total income of the family : ____________
Taxes to be paid : _____________
Actual Income after paying taxes : ____________
Expenditure : ____________
Savings : ____________

10. BIBILOGRAPHY