What is the purpose of a budget? How can they help you
Objectives:
- Differential between fixed, flexible, regular and discretionary expenses.
- Slides: Budgeting Intro
- Expenses Sort
- Homework: Ask someone at home (parent, grandparent, older sibling, etc) for which categories they budget
- Do NOT ask for amounts - that can make some people uncomfortable. Just find out what expenses they have to plan for each month (i.e. rent, car payment, cable, etc)
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