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Think of all your expenses and prepare your monthly/weekly budget using the template on Page 122.

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My monthly budget allocates an income of ₹1,000 from pocket money. I plan ₹500 for needs like stationery and transport, ₹250 for discretionary wants, leaving ₹250 saved in my personal savings bank account.

Class 9 Social Science Part 2 All Chapters Solutions

Class 9 Social Science part 2 chapter 5 question answer

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  1. Based on the budgeting template, with a total monthly allowance of ₹1,000:

    • Income: Monthly allowance of ₹1,000.
    • Fixed Needs (₹500): School stationery (₹200), local bus travel (₹200), study guides (₹100).
    • Discretionary Wants (₹250): Casual snacks and outings with peers.
    • Savings (₹250): Transferred into a piggy bank or student bank account for future goals.

     

    For more NCERT Solutions of Class 9 Social Science Part 2 Chapter 5 Managing Your Personal Finances Question Answer (2026-27)

    https://www.tiwariacademy.com/ncert-solutions/class-9/social-science/part-2-chapter-5/

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