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Tracking Income and Expenses

Category: On the Web | Age Group: 18+ (Transition years)

TOPIC:

Building a budget

RESOURCES NEEDED:

Internet access

LEARNING OPPORTUNITY:

A budget keeps track of income and expenses during a specific time period. Knowing where your money is coming from and where it is going will help you reach your financial goals.

THE ACTIVITY:
TIPS:
  • Just taking the time to write down your income and expenses is often enough to help you see where and how to reduce expenses.
FOLLOW UP IDEAS:
  • Investigate the rates of financial institutions to find best ways of making your savings grow.
WEBSITES: