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This online activity is designed to increase your financial literacy level
through a single practical activity. After doing the activity you can expect to be able
to draw up a household budget in a (more) responsible way.
Go through Marie-Elise’ spending list and break them into two groups: essential and non-essential. Identify ways of moving items from the essential list into the non-essential list. Can you identify additional categories of expense not covered by this list or which might be added to the list in the future?
Attempt to answer questions 2 & 3. In so doing, can you identify ways of moving items from the essential list into the non-essential list?
Share your answers with your peers or with a fellow parent, preferably via the blog/ comments section set up for this course.
Questions
Marie- Elise’s Spending List