Building a Better Budgeting

Budgeting is creating a plan to spend your money. Good budgeting is spending less than you are earning as you plan for your financial goals. Budgeting is the fundamental step in achieving financial literacy, and by extension, reaching financial security and freedom. Budgeting is the process of creating a plan to spend and invest your hard-earned money wisely to meet your personal and financial goals in life. It should not be a mathematical exercise that we think we have to endure; rather, it is the result of self-assessment of our relationship with money and a necessary road map to steer us toward a higher standard and quality of living.

The Budgeting self-study module prepares learners to understand concepts of income and expenses, analyze spending habits, and establish SMART financial goals.

Learn about financial literacy through any of the following formats: