Skills Defined:
Econ 1.4 Explain the concepts of personal finance
TO DO:
Watch the videos
Take notes on the videos! I want to see what you've learned!
Submit on Slate when completed
TO DO:
Watch the budgeting video!
Pick a template/app to use!
Start creating your budget
Submit your budget outline in Beacon
Your task is to make a budget using realistic numbers for a 25-year-old person living by themselves in Idaho. If you are unsure what realistic numbers would be, you need to research/Google information. You can also create or find your own budget template, but please get it approved by your teacher first!
A good rule of thumb, based on your monthly income:
1/3 is Rent, 1/3 Utilities, 1/3 Fun/Savings