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Introduction

Do you know what a budget is? This unit is about budgeting - it is an important skill in helping you to live within your means - that is, spending no more money than you have coming in.  In this unit, you will:

  • Understand what a budget is, and see the benefits of having one
  • Have the skill to draft a budget
  • Know how to change a budget when your circumstances change
  • Know how to adjust a budget to save for something expensive in the future
teacher's notes