Overview
Budgeting is the process of planning how to spend your money. It helps you decide what is important to buy and how much you can save. By making a budget, you can keep track of your money and make sure you have enough for things you need, like school supplies or fun activities. Learning to budget is an important life skill that helps you manage your money wisely.
📚 Key Learning Objectives
- ✓ Define what budgeting means in simple terms.
- ✓ Identify different sources of income and expenses.
- ✓ Create a simple budget for a week or month.
- ✓ Track spending to see if it matches the budget.
- ✓ Explain why saving money is important.
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