PPL - Budgeting Lesson

Budgeting

Introduction

You need to know where your money is going if you want to have a good handle on your finances! Budgeting doesn't have to be all about restrictions on how you spend your money or cutting all of the fun out of your life. It is really about understanding how much money you have, where it goes every month, and then planning the best way to allocate those funds. A good budget can help you keep your spending on track and uncover hidden problems that might free up more money to put towards your financial goals (or fun stuff)!

Setting a Budget

Use Sarah's records of monthly expenditures below to answer the following questions.

In Your Notebook: Please take down important notes, such as formulas, and attempt the practice examples on your own before viewing the solutions!

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