Presentation on theme: "CHAPTER 6 BUDGETING How Will You Use Your Money?"— Presentation transcript:
1CHAPTER 6 BUDGETING How Will You Use Your Money? Economic Educatin for Consumers4/13/2017CHAPTER 6 BUDGETING How Will You Use Your Money?WHAT’S AHEAD6.1 Choose Financial Goals6.2 Track Income and Expenses6.3 Your Budget Worksheet6.4 Create Your Budget for the YearChapter 6
13KEY TERMS fixed expense – Amounts you are committed to spend. flexible expense – Amounts that you can choose to spend or not.luxury good – goods that have special qualities that make them more expensive than alternative goods.