Pecandemy

Personal financial literacy

7.13(B)

Building and Reading a Personal Budget

Identify the components of a personal budget, including income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what percentage each category comprises of the total budget.

Part of The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one's life as a knowledgeable consumer and investor

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Intro

Building a Personal Budget

A budget is a plan that shows the money you expect to receive and how you plan to use it, usually for one month. In this lesson you will name the parts of a budget and figure out what percent of the total each part takes up.

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