2/24/20 - Day 33 - Budgeting Equation

Bellwork:

What was the tax scenario that Victor talked about in the last episode of Life or Debt?

Objectives:

• Label the different components of a budget
• Describe the process of setting up a budget

Agenda:

1. Spending Plans 
• The Budget Equation
2. Family budget categories
• 50-30-20 Rule
3. Budget Tools- Which one would YOU pick? Why?
• Continue building your planned budget in EveryDollar.com