Budgeting

Budgeting

by Leah Adams

Multiple Choice

How much more do families spend on transportation than on food?

• $2,900

• $847

• $3,847

• $1,847

Open Ended

What expenses would you expect to stay the same month to month? What expenses would change month to month?

Open Ended

You hear a friend complain about how Americans just waste their money all the time. Based on the data we just looked at, do you agree or disagree? Why?

​6 Reasons Why You Need a Budget

1. Keeps your eye on the prize (of achieving your financial goals)

2. ​Ensures you don't overspend

3. ​Leads to a happier retirement

4. Prepares you for emergencies

5. Identifies bad habits

6. ​You will have less stress over financial problems

Open Ended

Out of the six reasons to keep a budget, which one is most important to you?