Session Date
Lesson Topic
Budgets and Financial Planning: Purpose and features of a budget and/or Financial Plan
Lesson Outline
Budgets and Financial Planning: Purpose and features of a budget and/or Financial Plan: Cash Flow: Cash inflow (income, gifts, earnings etc) and Cash Outflow (expenses, financial obligations). Concept of budgeting based upon both fixed costs and projected increases in costs. Definition of a Balanced Budget. Long term financial planning for businesses.
Assignment
Read Text pp. 65-70.
Session Minutes
45
Minutes Student Attended
45
Lesson Comments
Aiden was very well focused during today's session on Budgets and their purpose/composition. His strong Mathematical background will greatly benefit him as we begin to incorporate various numerical calculations and key formulas relevant to this course.
Session Hours
0.75
Hours Attended
0.75
Entry Status
Review Status
Student Name(s)
Subject
School