
Budgeting Basics
Presentation
•
Mathematics
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12th Grade
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Practice Problem
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Easy
+5
Standards-aligned
David Ho
Used 4+ times
FREE Resource
31 Slides • 4 Questions
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That horrifying moment when you're looking for an adult for help but then realize you're an adult.
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Poll
How confident do you feel about managing your finances?
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I don't even know what I should know.
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I know that I don't know.
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I have an idea on how to manage money but could use help.
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Not perfect, but I think I can handle it.
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No problem, I can do this.
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W
What goes on a budget?
What is the Envelope System?
What is Zero-Based Budgeting?
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time period
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Open Ended
Come up with a few things you use that you will have to start paying for soon.
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Main Category
Main Category
Sub-Category
Sub-Category
Sub-Category
Sub-Category
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Match
Match the type of expense with the example.
Fixed
Variable
Discretionary
Intermittent
Rent
Electricity
Starbucks
Tuition
Rent
Electricity
Starbucks
Tuition
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Types of Expenses
Fixed: rent, __________
Variable: electricity, ___________
Intermittent: car insurance, _________
Discretionary: eating out, ___________
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Components of a Budget
Income
Savings
Spending
Giving
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Open Ended
Why is it important to give?
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Importance of Giving
Spirit of Generosity
Gratitude
Sense of Fulfilment
A little to you might be a lot to someone else
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Being Successful with Money
Give every penny a job
Zero-Based Budgeting
Pay yourself FIRST
Get help at the FIRST sign of trouble
(Work towards) Spending OLD money
(Work towards) Being Debt-Free
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