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.
Overview
COURSE DIFFICULTY
COURSE DURATION
7m
Skills Learned
After completing this online training course, students will be able to:
Create a realistic and effective personal budget
Analyze income and expenses to identify spending patterns
Set financial goals and prioritize savings
Adjust their budget as needed to accommodate changing financial circumstances
Individuals seeking to improve their financial management skills, Beginners in personal finance, Students preparing for financial independence
None
01. Introduction to Personal Finance
02. Understanding Income and Expenses
03. Techniques for Budgeting
04. Setting Financial Goals
05. Monitoring and Adjusting Your Budget
SKILLS LEARNED
Skills Learned
After completing this online training course, students will be able to:
Create a realistic and effective personal budget
Analyze income and expenses to identify spending patterns
Set financial goals and prioritize savings
Adjust their budget as needed to accommodate changing financial circumstances
WHO SHOULD ATTEND
Individuals seeking to improve their financial management skills, Beginners in personal finance, Students preparing for financial independence
PREREQUISITES
None
COURSE OUTLINE
01. Introduction to Personal Finance
02. Understanding Income and Expenses
03. Techniques for Budgeting
04. Setting Financial Goals
05. Monitoring and Adjusting Your Budget
