Mapping Your Future: Budgeting basics


Budgeting basics

By Catherine Mueller

November 16, 2017

First, you get some money. Then, you budget it.

Yes, those steps over-simplify the budgeting process and certainly don't help students trying to create their first budget. However, the budgeting process can be overwhelming for students who don't have a regular income or may not pay all of their own expenses.

That's why Mapping Your Future created a 10-minute budgeting basics video. In the brief video, we discuss why a budget is important and how it can be used for accomplishing life goals. It also addresses how a budget can be created – even if you don't have a steady income or regular expenses.

With the holiday season and the new year approaching, now is a good time for students to establish good money management habits that will help them into the future. We encourage you to share the video with your students.

For more information, contact Mapping Your Future.