Personal Financial Health: Setting Your Budget

Welcome to “Personal Financial Health: Setting Your Budget,” a video lesson that provides guidelines for establishing a personalized budget that works for your household. This video lesson is the third of nine in the Personal Financial Health course, which is designed to help learners improve their financial well-being and gain control over their finances. Throughout this lesson, learners will go over the key steps for creating a budget, from examining current spending habits to categorizing expenses by needs versus wants or fixed versus variable. Viewers will also learn how to adjust their budget to ensure expenses don’t exceed income and every single dollar is tracked.