PersonalFinanceLab: Budgeting

Description: Learn the basics of budgeting and take control of your finances with this animated lesson. In this video, we'll watch Jesse create a budget. You’ll learn how to identify your fixed and variable expenses, and how to adjust your spending to achieve your savings goals. What You Will Learn: • The importance of budgeting and how it can impact your financial goals. • The different types of expenses: fixed needs, fixed wants, variable needs, and variable wants. • How to identify and prioritize your expenses. • Strategies for making budget cuts and adjustments. • Tips for staying on track with your savings goals.