My funky padlet by https://padlet.com/mackenziegolden2004/ey3gx2rcgqt2ydgj en-us 2021-03-05 20:05:26 UTC 2021-03-05 20:34:02 UTC hello@padlet.com mackenziegolden2004 https://padlet.com/mackenziegolden2004/ey3gx2rcgqt2ydgj/wish/1275412116 Explain why a person would create a personal budget that includes short term and long term goals, income and expenses.  Then, describe the experience that you or someone you know personally has had with creating a budget.  Was it a challenging task?  Did you/he/she follow the budget after it was created?  Explain.
 
]]> 2021-03-05 20:05:42 UTC https://padlet.com/mackenziegolden2004/ey3gx2rcgqt2ydgj/wish/1275412116 mackenziegolden2004 https://padlet.com/mackenziegolden2004/ey3gx2rcgqt2ydgj/wish/1275505855 A person would create a personal budget because you want to be responsible with your expenses. “Set aside 10% of your income each month, until you have at least 3 months worth of expenses set aside.” (Planning and money management/unit 3/2). My cousin budgets all the time, which is rather easy for her. She usually doesn’t like spending  money on much stuff, but she follows her budget. She budgets whenever she spends money. “Setting financial goals is an important factor in managing money wisely and establishes a “framework” for saving and spending decisions.” (Planning and money management/unit 3/2). When she budgets, she writes down the costs of things she buys, subtracts it from how much she has, and whenever she makes money and gets her paycheck, she adds that to her total. “Financial goals are usually categorized as short term, intermediate, or long term.” (Planning and money management/unit 3/3).]]> 2021-03-05 20:34:02 UTC https://padlet.com/mackenziegolden2004/ey3gx2rcgqt2ydgj/wish/1275505855