This publication revisits traditional household budgeting discussions in economics textbooks during 1970 and 1980; notably, Paul Samuelson (1976) to derive a basic framework, a 3-step approach for community educators to teach limited income consumers how to budget their incomes. This basic framework construes budgeting in a narrow sense that enable limited income consumers to Estimate, Evaluate and Allocate income to goods and services with the intention to acquire savings.