CONTENT STATEMENT
- A budget is a plan to help people make personal economic decisions for the present and future and to become more financially responsible.
CONTENT ELABORATION
A budget helps individuals take personal responsibility for financial decisions.
A budget is a plan for using income productively, including spending, sharing, and setting money aside for future expenses.
Budgeting is important for organizing personal finances.
EXPECTATIONS FOR LEARNING
Explain how using a budget helps individuals make responsible economic decisions.