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A budget shows how much money you have coming in and going out over a set period of time.  Budgets are important because they help you plan your spending and manage your money.  The more detailed and accurate a budget is, the more helpful it is.  Following a financial plan helps you meet your financial goals, it helps to reduce the monthly stress of bills, and helps you deal with life's financial surprises.

Introduction

Language Objective:

Students will read and retrieve

information and use that information to complete budget worksheets

Common Core State Standard:

Speaking and Listening

​2.     Integrate multiple sources of information presented in diverse formats and media (e.g., visually, quantitatively, orally) in order to make informed decisions and solve problems, evaluating the credibility and accuracy of each source and noting any discrepancies among the data.

A Life Skills Lesson

by Yvonne Mannion

Essential Question:

How can a having a personal budget help you live independently?

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