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“Why is it important to maintain financial records?” Watch video 3.1 Activity-Complete three budgets based off the following information: Be sure to take screen shots of all three and email them to me when your done and include the questions below Directions: Use the attached budget form or the budgeting tool located on foundationsU.com to cre- ate three zero-based budgets: one for each student described below and a personal one based on your income (this may include a regular allowance from your parents) and expenses. Fill in all income and expenses on the form with the information provided. Remember to compute net pay by taking 20% out for taxes. Student Zero Base Budget on www.foundationsu.com
Students will complete 3 budgets based off info given then answer the following questions: 1. Explain how writing a monthly budget helps you manage spending. 2. Explain how writing a monthly budget helps you achieve financial goals. Watch Video 3.2 Describe Net Worth Activity Calculating Your Net Worth
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May 2019
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