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Travel Budgeting
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What can you do with the extra money?
 
Use the money on things that really matter to me.
 
I will spend it all to buy ice-cream.
 
Use the money to give to other people.
What will happen if you start creating a budget?
 
You'll have a better understanding of your finances.
 
You'll have a better understanding of how to be rich.
 
You'll have a better understanding of your next trip.
Who needs a budget?
 
everyone
 
people struggling financially
 
people who are rich
How can you identify unnecessary expenses?
 
Tracking income and expenses
 
Tracking mom's spending
 
Tracking dad's spending
Who's not spending their money in a budget?
 
Jay bought a new $10,000 sweater but not wearing it.
 
Geena spent $20 for her mom's birthday present.
 
Sasha bought a new pair of shoes because she lost them.
How can you see your overall financial picture?
 
Write down and track income and expenses.
 
Write down and track other's money.
 
Jot down and paint color.
Why should you create a budget?
 
A budget helps people to make good financial decisions.
 
A budget helps people to be rich.
 
A budget helps people to get out of their comfort zone.
Eating out is one of expenses. True or false?
 
True
 
False
Is money from mom included in a budget?
 
Yes, it's one of the incomes.
 
No, it doesn't make any sense.
 
Yes, it's free money.
What's in a budget?
 
All your income and expenses
 
All your expenses
 
All your money from mom and dad
How is the budget created?
 
from income and expenses
 
from money
 
from salary
What is a budget?
 
a plan for managing your money
 
a plan to pay for food
 
a plan to stop spending money
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