Session Date
Lesson Topic
Budgeting and Financial Literacy Principles
Lesson Outline
Budeting methods and considerations: Expenses, Income, Projected increases in expenses due to inflation, Emergency funds in a budget. Five main principles of Financial Literacy: EARN, SPEND, SAVE, BORROW, PROTECT.
Example of a family/small business budget demonstrating effects of inflation.
Example of a family/small business budget demonstrating effects of inflation.
Assignment
Bring calculator to class soon.
Session Minutes
45
Minutes Student Attended
45
Lesson Comments
During today's session of basic budgeting calculations, Colton was very attentive and engaged in this topic. We discussed the importance of incorporating possible effects of inflation into a budget. A specific small businees/family budget example was provided and calculations methods were demonstrated.
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School