Intro to Budgeting – Varsity Education

Objectives

Students will understand principles of personal money management including budgeting, managing accounts, and the role of credit and impacts on personal finance.
Students will identify the process of budgeting based on calculated income.
Students will identify and prioritize fixed, variable, and periodic budget categories.

Intro to Budgeting: Zero-Based Budget
Watch this video by Rachel Cruz about the zero-based budget.

Intro to Budgeting: Gross vs Net Income
Watch this video comparing gross income to net income.

Budgeting Basics
Watch this Two Cents video on how to create a budget.

Average Spending
Study this infographic on how the average American family budgets an annual income of $64,000.