Budgeting CS #1_ How Do I Budget_.docx - NGPF Case Study Budgeting#1 Spanish version Case Study Summary Alignment to Budgeting Learning Objectives

Budgeting CS #1_ How Do I Budget_.docx - NGPF Case Study...

This preview shows page 1 - 2 out of 5 pages.

NGPF Case Study Budgeting #1 Spanish version Case Study Summary Description: In this Case Study, students learn the basics of budgeting, from setting priorities, creating a savings goal, tracking spending and learning about tradeoffs required to achieve financial goals. They take on the role of a friend providing financial advice to a friend and learn to develop various options and strategies to achieve a budgeting goal. Internet Usage: None Spreadsheet Skills: None Alignment to Budgeting Learning Objectives: Students will be able to Describe the relationship between gross and net income (6.1) Become familiar with vocabulary needed to budget appropriately (6.1) Describe the difference between budgetary needs and wants and how these change from person to person (6.7) Assess their own values in order to create a monthly budget for their discretionary spending (6.7) How Do I Budget? Sharon thought back to her conversation with Alana last month. All of Sharon’s friends knew who to turn to if they had money questions. Sharon attributed her financial savvy to the summer jobs she had held over the past four years. These jobs had helped her save a few thousand dollars for college to minimize her student loans. Her friend, Alana, approached her during the summer between their junior and senior years in high school, worried that she had no money saved for college. Despite having part-time jobs for the last three school years, her checking account had a whopping balance of $56.47. Alana asked Sharon what she could do to manage her money more effectively. After Sharon answered with a one word answer, Alana asked “How do I budget?” Sharon asked Alana to describe her goals and current spending habits. Alana responded in the following way:
Image of page 1

Subscribe to view the full document.

Image of page 2
  • Fall '12
  • sandlin

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes