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