Financial Literacy Series: Budgets

Candace Chappelle, Office of the Dean of Student Graduate Intern

It’s time to think about the “b” word a bit differently. Ultimately, a budget is a strategy for how to spend your money. This lesson will help you create a spending plan that lets you not only get the things you want and need today, but also plan for the things you’ll want and need in the future.

In this lesson, you’ll learn about:

• The three main components of a spending plan.

• How income and savings can dictate expenses.

• How to define and design your spending plan.

• Ways to set goals, evaluate, and modify your spending plan.