Answer:
You and your sibling whose name is Adam go to Toy Duncans Chest. There, your sibling finds a box of legos. It is labeled at $3.99, and so Adam brings it to the cashier. The cashier says, "That will be $4.27." Your sibling removes four one-dollar bills from a pocket and then, finding no money left, your sibling begins to cry. Adam begins asking you questions as you walk away from the counter.
"Why was the label wrong? It said $3.99!"
You respond, "It rang up to 4.27 because of tax. This is because it help benifit our econemy. This is because so we can afford to help our country run without everything being a lot of money."
"It doesn't help me. I'm just a kid"
You respond, "Even children benifit. Firstly, taxes can help fund schools so children can be able to learn and get good-paying jobs when they get older. It also can help fund families, in case they cannot find a job, so they can continue to pay bills to help keep their houses. It can also help build homes for communities for people who need them."
"How was I supposed to know all this? I don't have 27 cents. What do I do now?"
You respond, "What you should do is create your own budget. A budget is a certain amount of money that people set in order to make sure they do not spend too much money on things they want. You can save up some money from doing things around the neighborhood like cleaning yards. You can put this money and count how much you earn and how much you have. You can then use this in order to make sure you do not spend too much on things you want, and to make sure that you only buy important things first rather than the things you want."
"Will by budget be anything like the government's budget?
You respond, "They have simalarities and differences. Firstly, a personal budget is used by small families that can help to make sure they remain financially stable. This means that they do not have to worry about spending too much on other things and can continue to pay bills for their house. A national budget is shared by the whole country. These national budgets are used by the government in order to put money into stuff like the military and doctors to keep our country safe and healthy. These are both similar because they both are used to plan the use of money and to make sure that not too much money is spent and can be used for other needs as well."
