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Maths CALA Budget

This CALA discusses budgeting and creating a budget for basic family items for a month. It provides the 10 most basic items needed for a family, compares the prices of these items from 3 different shops, and identifies the cheapest shop for each item. It then creates a budget for these 10 basic items for a family of 6 people for 1 month, including the item, price, quantity needed, and total cost. It concludes that budgeting is important for not overspending and providing for one's family, and recommends teaching budgeting to children and anyone who does not understand it.

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claytos mangwiro
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122 views4 pages

Maths CALA Budget

This CALA discusses budgeting and creating a budget for basic family items for a month. It provides the 10 most basic items needed for a family, compares the prices of these items from 3 different shops, and identifies the cheapest shop for each item. It then creates a budget for these 10 basic items for a family of 6 people for 1 month, including the item, price, quantity needed, and total cost. It concludes that budgeting is important for not overspending and providing for one's family, and recommends teaching budgeting to children and anyone who does not understand it.

Uploaded by

claytos mangwiro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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CALA

NAME : ADRIEL MAPUNGWANA

LERNING AREA : MATHEMATICS

LEVEL :GRADE 6

CALA TYPE :PEN AND PAPER

SYLLABUS TOPIC :MONEY

SUB-TOPIC : BUDGETING MONEY

CALA TITLE : BUDGET

COMPETENCE SKILLS : -RESEARCH

-COMMUNICATION

: -CRITICAL THINKING

: -PROBLEM SOLVING

: -IDENTIFICATION

Background

Money is a medium of exchange and is used for different purposes. A person should avoid impulse
buying, there is need to draft a proper budget with ones needs.

Introduction

Many people cannot budget their needs as a result of failure of payment of the needs. A budget is a
calculation plan, usually but not always financial. A budget may include sales, volumes and revenues.
Companies, governments, families and other organizations use budgets to express strategic plans of
activities in measurable terms.

Definition of terms

Budget - allow or provide a particular amount of money

Medium of exchange - an intermediary instrument or system used to facilitate the purchase and sale
of goods and services between two parties.

Impulse buying - the buying of goods without planning.

Needs – require (something) because it is essential or very important rather than just desirable
Part A

Basic items – essential human needs associated with the survival of human beings. People cannot
survive in the absence of these things.

Basic items of a family

Ten basic items for a family are:

1. Sugar
2. Mealie meal
3. Salt
4. Flour
5. Rice
6. Cooking oil
7. Bread
8. Bath soap
9. Washing powder
10. Petroleum jelly

Comparison table of prices from 3 shops

Item Pick n Pay OK Spar


1. Sugar 2kg $2 289.99 $2 270.00 $2 199.50

2. Mealie-meal 10kg $6 189.99 $5 540.00 $5 803.20

3. Salt 1kg $ 499.99 $ 460.00 $ 609.99

4. Flour 2kg $2 599.99 $2 330.00 $2 560.99

5. Rice 2kg $2 699.99 $2 490.00 $2 893.54

6. Cooking oil 2litres $3 599.99 $3 699.00 $3 304.60

7. Bread 1 loaf $ 999.99 $ 949.99 $ 999.99

8. Bathing soap $ 739.99 $ 969.00 $ 669.99

9. Washing powder 2kg $3 379.99 $3 099.99 $3 311.70

10. Petroleum jelly 100ml $1 249.99 $ 799.99 $1 019.99


Below is a table showing the cheapest shop for each of the 10 basic items and the respective price.
It can be seen that most of the basic items are cheapest in OK supermarket and only two are
cheapest in Spar Supermarket. On each of the basic items, it is either cheapest in OK or Spar and
none is cheapest in Pick n’ Pay.

Item Cheapest price Shop


1. Sugar (2kg) $2 199.50 Spar

2. Mealie-meal (10kg) $5 540.00 OK

3. Salt (1kg) $ 460.00 OK

4. Flour (2kg) $2 330.00 OK

5. Rice (2kg) $2 490.00 OK

6. Cooking oil (2litres) $3 304.60 Spar

7. Bread (1 loaf) $ 949.99 OK

8. Bathing soap $ 669.99 OK

9. Washing powder (2kg) $3 099.99 OK

10. Petroleum jelly (100ml) $ 799.99 OK

PART B

Basic items budget of a family of six people for one month

Item Price Quantity Total amount


1. Sugar (2kg) $2 199.50 2 $ 4 399.00

2. Mealie-meal(10kg) $5 540.00 2 $11 080.00

3. Salt (1kg) $ 460.00 1 $ 460.00

4. Flour (2kg) $2 330.00 1 $ 2 330.00


5. Rice (2kg) $2 490.00 3 $ 7 470.00

6. Cooking oil (2litres) $3 304.60 3 $ 9 913.80

7. Bread $ 949.99 30 $28 499.70

8. Bath soap $ 669.99 12 $ 8 039.88

9. Washing power(2kg) $3 099.99 4 $12 399.96

10. Petroleum jelly(100ml) $ 799.99 3 +$ 2 399.97

Total $86 992.31

Conclusion

Budgeting is something someone must be able to do before they start their own life. Creating
budgets help not to overspend and save money. Without budgeting, providing for your family will
become very complicated to do.

Recommendations

● Children should be taught by parents teachers on how to budget


● Children shall do projects about budgets
● Adults who do not understand budgeting must be taught about budgeting until they
understand.

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