Day 26

Lesson Objectives

  • Describe the financial planning process.
  • Explain actions for implementing a financial plan.
  • Identify actions for reviewing a financial plan.
  • Differentiate between a fixed and variable expense

Notes 4-1

  1. Obtain a Notes 4-1 handout from your instructor and fill in the missing parts through the presentation.  You can also view the presentation here.

Assignment BUU4.1

  1. Inside of your Budgeting Unit folder, create a new folder titled Lesson 4.  All your tasks completed in Lesson 4 should be stored in this folder.

Assignment BUU4.2

  1. Make a copy of this document and title it Types of Expenses-(your initials).
  2. Learn more about fixed and variable expenses as well as some other math calculations by reading and completing each page in the document.