What Is a Budget?

Requirements

Prerequisite:  Modules must be completed in order:

1.    What Is Currency?

2.    What Is a Budget?

3.    Your Paycheck

4.    Understanding Taxes

Description

Have you ever gotten money and wondered where it all went a week later? This course will teach you how to take control of your cash! We'll start by learning what a budget actually is—and no, it's not boring! It's simply a plan for your money. You'll discover the super-simple 50/30/20 Rule, which shows you exactly how much to spend on things you need, things you want, and things you should save.

We'll walk through 4 easy steps to build your very own budget, and you'll learn how to tell the difference between a "Need" and a "Want" (hint: pizza is a need, but that extra video game might be a want!). By the end, you'll see that a budget isn't about saying "no" to fun—it's about being smart with your money so you can say "yes" to the things that really matter!