Do you make a budget for your income before spending it?
BACKGROUND
A baseline survey report on Assessing Knowledge about Financial
literacy in Rwenzori Region, Western Uganda written by ToroDev in partnership with
Mountains of the moon University February 2014, defined
a budget as a plan you write down to
decide how you will spend your money each month.
When a family makes a budget it helps the household to make
sure they will have enough money every month. Without a budget, you might run
out of money before your next paycheck.
A budget shows how much money you make and how
you spend money, it helps the house hold
to decide what they must spend
their money on and if you can spend less money on some
things and more money on other things
QUESTION
Do you make a budget for your income
before spending it?
A.
Yes, I
always make a budget and spend according to it
B. I
make a budget but do not follow it
C. No, I do not
make any budget
D.
I do not know how to make a budget
INSTRUCTIONS
Go to messages on your phone and type HITS and the name of
your DISTRICT, followed by either A, B, C or D. leave a short comment
explaining your answer, send your message to 8585. This SMS is totally FREE OF
CHARGE
Geo-mapped data