Level 2 · ages 9–12OECD PMSpend
Track money in and out
🎯 Goal: Track cash flow in and out to control spending.
You can track money in and out to know if you end with a surplus or shortage. If money out keeps beating money in, adjust right away.
Let’s explore
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Money in: pocket money, lucky money, earnings. Money out: things you spend on.
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Recording both shows whether you end the period with a surplus or shortage.
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If money out keeps beating money in, adjust right away.
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Balance formula: Balance = Total in − Total out. Example: in 50,000d, out (25,000 + 15,000) = 40,000d → balance 50,000 − 40,000 = 10,000d.
Practice activity
📓 Make a 2-column table: Money in / Money out, for one week.
Worked example: You draw 2 columns. In: “Lucky money 50,000d”. Out: “Milk tea 25,000d; notebook 15,000d”. At week’s end: in 50,000d − out 40,000d = 10,000d left.
Quick quiz
1. “Money in” includes?
→ Pocket money, lucky money, earnings
2. Recording in and out helps you?
→ See surplus or shortage
3. If money out > money in repeatedly?
→ Adjust right away
4. Balance is calculated by?
→ Total in − Total out
5. In 80,000d, out 50,000d, balance?
→ 30,000d
6. Lucky money and pocket money are?
→ Money in
🎯 Real-life mission
Record every bit of money in and out for three days straight.
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