Monday, April 1, 2019

My Parents Budget

Ask your parents to go over their budget with you and learn how much things like your family's home, food, and car cost. Then, write about what you learned.


I always thought I knew what my parents had to pay and what they spent when they paid bills, but boy was I in for a good one. I knew about a lot of things, but I didn't realize how much it all actually cost. When I sat down and talked with them, they wrote it all down on paper, and let me tell you the list was pretty long. There are utilities, food, transportation, health care, and rent. Those are the basics, and that pretty much all I thought it was. We are a family of three so making sure we all have what we need and what we want is a really big bill all combined. There might be a lot of things that are small and don't cost so much, but eventually, it will add up to a higher amount.

Once you get farther into the list, you come to paying all of our phone bills, buying all of us little things that we see at the store, 'cause trust me it all adds up. We also have rabbits and chickens, and they have to eat too right. Then you come back to health care, my prescription on my glasses changes very frequently, and the insurance only covers every so often. I also play softball, and my equipment is also a little bit pricy for my family's budget. My parents have credit cards too, and paying them off can cost a lot. All in all, when you ask your parents for something, and they say not this time or I can't right now, It's not cause they don't love you or just don't want to get it. Sometimes they just don't have the money, or they are saving it to pay off other things.

2 comments:

  1. Pretty insightful, huh? I wish every kid would have these conversations with parents, it really is enlightening! Plus, it will prepare you to budget and be ok as you get older. Well done!

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    1. I know right! Now I kind of know what to expect when I get older and I can learn to budget.

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