Introduction to Budgeting
Overview
This lesson introduces the basic principles of budgeting. You’ll learn about the key components of a budget, including income and expenses, and how to create a simple, effective plan to manage your money. You’ll also build core budgeting skills, including:
- Identifying income sources
- Tracking expenses
- Setting financial goals
- Creating a simple budget
Big Idea
Budgeting is a powerful tool that helps you take control of your money and work toward your financial goals.
Guided Questions
- What is the difference between income and expenses?
- What do we need to know to start budgeting?
- How can budgeting help us reach our financial goals?
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