Budget Visualisation

This game/ visualisation is to assist students with understanding of budgeting concepts for year 9 commerce students. The visualisation has a slider to change values and it creates an overall pie chart (income and expenses) and bar graph (expenses). The idea is to be able to use sliding scales to choose income and the expenses. In order to score a high percentage you need to follow the following budgeting proportion rule for the expense choices made.

A popular budgeting rule is the 50/30/20 rule, which breaks down like this:

1. Needs (50%): Essential expenses like rent, utilities, groceries, and transportation.

2. Wants (30%): Non-essential expenses like entertainment, dining, shopping.

3. Savings and Debt (20%): Savings, investments, and debt repayments.

The amounts are largely taken from a Sydney perspective. This includes income and the cost to rent or purchase a property. This may change in different contexts.