1. Mr. Park ERHS Mr. Saliani, Principal
Budgeting
Mr. Park
ERHS
Mr. Saliani, Principal

2. Student Loan Article
What are your major concerns when applying to college?
What tools can you use to give you a clearer picture of what paying for college will look like?

3. Direct Loan Basic Information

4. What is a budget?

5. Vocabulary
Budget: A financial plan used to forecast and track income and expenses
Surplus/Deficit: ____________________________________________
Expense: Use of finances to fulfill a one-time or ongoing obligation; can be fixed or variable
Fixed Expense: A regular, predictable expense such as a mortgage payment or rent.
Variable Expense: An expense or expense category that is not fixed and can’t be precisely predicted; budget planning is something used to limit or constrain variable expense.

6. + -
Fixed Expenses
Variable

7. Sample Monthly Budget

8. Budget Template

9. Budget Answer Key