Day 23

Lesson Objectives

  • Identify purposes of a budget.
  • Describe steps for preparing a budget.
  • Describe characteristics of successful budgeting.
  • Describe the components of a budget

Notes 3-1

  1. Obtain a Notes 3-1 handout from your instructor and fill in the missing parts through the presentation.  You can also view the presentation here.

Assignment BUU3.1

  1. Inside of your Budgeting Unit folder, create a new folder titled Lesson 3.  All your tasks completed in Lesson 3 should be stored in this folder.

Assignment BUU3.2

  1. What are the five key components of a budget?
  2. Given a partner, create a poster using your own drawings or cut out pictures from magazines showcasing those five key components as a visual depiction of what a budget contains.