Tuesday, September 28, 2021

Debt Clock



What is a Budget?
A budget is a financial document used to project future income and expenses. The budgeting process may be carried out by individuals, companies, or governments to estimate projected income and expenses.

The process for preparing a budget includes:

* Listing of all sources of income
* Listing of all required, fixed expenses, like rent/mortgage, utilities, phone
* Listing of other possible and variable expenses.

Use the sheet given to you in class to plan your own Budget for the week.
Can you balance your Wants vs. your Needs?



How can we expect the Federal Government to balance the budget when most Americans are in debt?


Is it American to be in debt?

Are you ready for a Credit Card?


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