Truth Centered Transformation is a ministry of Reconciled World. Learn more at tctprogram.org.
MONEY MATTERS
VISUAL AIDS
Truth Centered Transformation is a ministry of Reconciled World. Learn more at tctprogram.org.
Table of Contents
Visual Aid 1.1: Expenses Poster ......................................................................................... 3
Visual Aid 1.2: Budgeting and Debt game cards ................................................................. 4
Visual Aid 1.3: Picture of Empty House............................................................................ 13
Visual Aid 2.1: Budget Poster: The Four Budget Steps ..................................................... 13
Visual Aid 2.2: Needs and Wants Picture Cards ............................................................... 15
Visual Aid 4.1: Ways of Using Money .............................................................................. 21
Visual Aid 4.2: Rich Man, Poor Man Game Cards ............................................................. 23
Visual Aid 5: Five ways of using money ........................................................................... 29
Visual Aid 6.1: Expense Labels ........................................................................................ 32
Visual Aid 6.2: Example Envelopes .................................................................................. 33
Visual Aid 7: Farm with lots of crops ............................................................................... 34
Page 3
Lesson 1: Introduction to Budgeting
Visual Aid 1.1: Expenses Poster
Food 2 per day* Electricity 5 per month Household Supplies
10 per month
Random Expenses eg. medical bills
10 x dice per month
Schooling (2 children)
80 per child in Feb and 100 per child in May.
Extra Rice 30 per month – Oct, Nov, Dec
Income Expenses
300 due in June
* To keep it simple each month is 30 days
Page 4
Lesson 1: Introduction to Budgeting
Visual Aid 1.2: Budgeting and Debt
game cards
PRINTING & CUTTING INSTRUCTIONS Page 5 – Print 1 copy and cut apart Page 6 – Print 3 copies and cut apart Page 7 – Print 1 copy and cut apart Page 8 – Print 2 copies and cut apart Page 9 – Print 2 copies and cut apart Page 10-12 – Print 2 copies and cut apart
Page 5
Lesson 1: Introduction to Budgeting
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
$1000 $500 $500
Page 6
Lesson 1: Introduction to Budgeting
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
$100 $100 $100
Page 7
Lesson 1: Introduction to Budgeting
$50 $50 $50
$50 $50 $50
$50 $50 $50
$50 $50 $50
$50 $50 $50
$50 $50 $50
$50 $50 $50
$50 $50 $50
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$50 $50 $50
Page 8
Lesson 1: Introduction to Budgeting
$10 $10 $10
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$10 $10 $10
$10 $10 $10
$10 $10 $10
$10 $10 $10
$10 $10 $10
$10 $10 $10
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$10 $10 $10
Page 9
Lesson 1: Introduction to Budgeting
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
$5 $5 $5
Page 10
Lesson 1: Introduction to Budgeting
$20
$30
$40
$20
$30
$40
$20
$30
$40
$20
$30
$40
$20
$30
$40
$20
$30
$40
$20
$30
$40
$20
$30
$40
Page 11
Lesson 1: Introduction to Budgeting
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
$150 OR $20/ month x 12 months
$50
Clothing
$15
Page 12
Lesson 1: Introduction to Budgeting
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
$400 OR $50/ month x 12 months
$200 OR $25/ month x 12 months
$15
Page 13
Lesson 1: Introduction to Budgeting
Visual Aid 1.3: Picture of Empty House
Page 14
Lesson 2: Making a Family Budget Part 1
Visual Aid 2.1: Budget Poster: The Four
Budget Steps
Step 1: Calculate our net income.
Total Income – Income Expenses = Net Income
Step 2: Calculate our needs.
Normal Monthly Expenses &
Other Expenses (don’t forget to include miscellaneous expenses)
Step 3: Calculate the difference.
Net Income – Normal Expenses – Other expenses = Total
Step 4: Use the remainder wisely.
Five Ways: ➢ Saving ➢ Investing ➢ Giving ➢ Spending on ‘Wants’ ➢ Specific Savings
Page 15
Lesson 2: Making a Family Budget Part 1
Visual Aid 2.2: Needs and Wants
Picture Cards
Animal Feed
Basic Food
Bicycle
School Books
Page 16
Lesson 2: Making a Family Budget Part 1
Coca Cola
Electricity
Fan
Fridge
Page 17
Lesson 2: Making a Family Budget Part 1
Gas
Good Meal
Medicine
Motorbike
Page 18
Lesson 2: Making a Family Budget Part 1
Newspaper
New Frying Pan
Oil Lamp
Radio
Page 19
Lesson 2: Making a Family Budget Part 1
School Fees
Seed for Planting
Tools
TV
Page 20
Lesson 2: Making a Family Budget Part 1
Uniform
Wardrobe
Water
Page 21
Lesson 4: Understanding How to Use Money
Visual Aid 4.1: Ways of Using Money
Consume
Store
Page 22
Lesson 4: Understanding How to Use Money
Invest
Give
Page 23
Lesson 4: Understanding How to Use Money
Visual Aid 4.2: Rich Man, Poor Man
Game Cards
PRINTING & CUTTING INSTRUCTIONS Page 24 – print 1 copy and cut apart Page 25 – print 8 copies and cut apart Page 26 – print 4 copies and cut apart Page 27 – print 4 copies and cut apart Page 28 – print 5 copies and cut apart
Page 24
Lesson 4: Understanding How to Use Money
HEALTH HEALTH
HEALTH HEALTH
HEALTH HEALTH
HEALTH HEALTH
HEALTH SICKNESS
Page 25
Lesson 4: Understanding How to Use Money
SCHOOLING CHILD
1
SCHOOLING CHILD
2
SCHOOLING CHILD
3
SCHOOLING CHILD
1
SCHOOLING CHILD
2
SCHOOLING CHILD
3
SCHOOLING CHILD
1
SCHOOLING CHILD
2
SCHOOLING CHILD
3
SCHOOLING CHILD
1
SCHOOLING CHILD
2
SCHOOLING CHILD
3
Page 26
Lesson 4: Understanding How to Use Money
SCHOOLING COMPLETE
CHILD
1
SCHOOLING COMPLETE
CHILD
2
SCHOOLING COMPLETE
CHILD
3
SCHOOLING COMPLETE
CHILD
1
SCHOOLING COMPLETE
CHILD
2
SCHOOLING COMPLETE
CHILD
3
Page 27
Lesson 4: Understanding How to Use Money
Investm
en
t: Sew
ing
Mach
ine
Investm
en
t:
Go
at
Investm
en
t: Sew
ing
Mach
ine
Investm
en
t:
Go
at
Investm
en
t: Tractor
Investm
en
t: Tractor
Page 28
Lesson 4: Understanding How to Use Money
Stereo
Bicycle
TV
Roof Repair
Toilet
Sofa
Page 29
Lesson 5: Making a Family Budget Part 3
Visual Aid 5: Five ways of using money
Saving
Investing
Page 30
Lesson 5: Making a Family Budget Part 3
Giving
Spending on ‘Wants’
Page 31
Lesson 5: Making a Family Budget Part 3
Specific Savings
Page 32
Lesson 6: Managing the Money
Visual Aid 6.1: Expense Labels
Cut out these labels in advance of the lesson (only 1 set is required).
Income Expenses
Normal Monthly Expenses
Other Expenses
Family Fund
Page 33
Lesson 6: Managing the Money
Visual Aid 6.2: Example Envelopes Prepare 1 set of these examples below – 1 label per envelope.
A: The six initial expense category sorting envelopes
Income Expenses 548 per year
School Expenses 45 per year
Repairs 25 per year
Clothing 30 per year
Monthly Expenses 114 per month
Miscellaneous 10 per year
B: Keep these five separate as the ‘additional per month’ envelopes
Tithing 12 per month
Food 60 per month
Electricity and Water 7 per month
School 5 per month
Remaining monthly 60 per month
C: Keep these five separate as the ‘excess’ envelopes
Saving 5 per year
Giving 5 per year
Investing 10 per year
Wants 3 per year
Specific Saving 11 per year
Page 34
Lesson 7: Are We Making Money?
Visual Aid 7: Farm with lots of crops