Entrepreneurship For Kids - Naomi's Budget - Part 2

Naomi has been running her lemonade stand for a week. Her mom helps her calculate the total expenses, which amount to $110. Naomi's earnings are $150, resulting in a $40 profit. Her mom advises her to keep accurate records of sales and expenses and to work on her budget. The video concludes with a teaser for the next video, which will cover Naomi's progress over the next three weeks.

What new insight or understanding did you gain from this video?