Budgeting Basics DVD

Grades 6 and up.

After college, Rachel landed a job as a yoga instructor, rented a great apartment, and drove around in a new car. She hardly thought twice about buying new outfits, the latest electronic gadgets, etc. Eventually, it all caught up with her. Daily expenses, taxes, and unexpected bills depleted her salary until she was in serious financial trouble. Luckily, one of her students with some financial know-how came to her aid. With his help, she learned the value of preparing and sticking to a budget and how to plan for the future. Along with Rachel, students will learn how to prepare a basic household budget, why setting goals is a part of financial planning, the importance of keeping track of spending, how to organize household money matters, ways to audit spending habits and discover expensive blind spots, simple lifestyle changes that can help save money, and how to put together a budget that meets your goals. 18 minutes. Copyright 2008.