Economics Budgeting 50/30/20 Strategy
Developed by Khaled Ibrahim
The Ultimate Budgeting Challenge
This is the ultimate test, played over 6 months. Life is expensive and unpredictable. Be warned: $240 in core bills is automatically deducted each month. Your goal is survival and hitting your savings goal.
Total Savings
$0
Month
0 / 6
Goal Progress
$0 / $2000
Decision Time
An event will appear here.
Create Your Own Budget
Plan your finances to reach your goals. List your income, your expenses, and what you want to save for.
1. Monthly Income
2. Monthly Expenses
3. Savings Goals
Budget Summary
Community Impact Project
Use what you've learned about economics to solve a real problem in your school. Develop a proposal below.
What is an issue in your school community related to waste, resource use, or efficiency?
How could this problem be solved? Be creative and practical.
How do concepts like scarcity, opportunity cost, or incentives apply?
What resources would you need? Estimate any costs involved.
What positive changes do you expect from your solution?