PersonalFinanceLab: Budget Game Overview

A Step-by-Step Tutorial of How to Play the Budget Game from PersonalFinanceLab. The Budget Game is an interactive simulation designed to teach personal finance and budgeting skills. In this video, we'll guide you through the game's features, mechanics, and strategies to help you get started. What You'll Learn: • How to navigate the game's interface and understand your starting balances, including net worth, credit score, quality of life, and more. • How to make basic life decisions that impact your game score, such as choosing a place to live, TV and internet plans, and cell phone plans. • How to play the game, including rolling the dice, building your monthly budget, and managing your income and expenses. • How to create a savings goal and earn bonuses for achieving it. • How to navigate events and unexpected expenses, and make purchasing decisions using your debit or credit card. • How to use mini-lessons to learn about personal finance topics and answer challenge questions. • How to manage your bills, credit card statements, and savings goals. • How to adjust your fixed expenses and mitigate struggles in reaching your savings goals.