# 8: Basic budgets for kids

An episode of [Kids Money and More- The MONEY podcast for KIDS!](https://invisiblenetwork.ai/podcast/1494774849), 10 Aug 2020, 9:09.

Audio: https://www.buzzsprout.com/802697/episodes/4784993-8-basic-budgets-for-kids.mp3

Knowing how to budget is useful in various aspects of life, not just when it comes to money. We budget time, money and resources on a daily basis to help us effectively manage what we have. Let’s show our kids how to do the same by teaching them this valuable life skill. In this episode, kids will hear us talk about: • What a budget is • What income and expenses are • How to make a budget • How a budget helps us understand how we spend our money Click here for Episode 8's suggested follow up activities including the kids sample budget and parent talking points. If you find value in this podcast please let your friends and family know about it! If you would like to support Kids Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore

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