Lesson 2: Budgeting & Savings

Apr 21, 2023
1 min read

Updated: Apr 26, 2023

In this lesson we will talk about the concepts of budget and how it is created, understand the needs &wants in terms of finances and study various money saving strategies.

The lesson includes 1,5 hours webinar with your trainer and collegues (max. 10 people), plus home assignment to practice and implement new financial skills into your daily life.

So, let's dive in and continue your journey towards financial independence!

As a teenager, managing your finances can be a daunting task. However, learning how to budget and save money is an essential life skill that will serve you well into adulthood. In this lesson, we will cover the fundamentals of budgeting, including how to create a realistic budget that works for you and how to track your expenses. We will also explore the importance of saving money and different strategies for building up your savings. By the end of this course, you will have the tools and knowledge necessary to take control of your finances and set yourself up for a successful financial future.

Lesson details:

Objectives:

- Understand the concept of budget and how it is created;

- Define the difference between personal desires and necessities;

- Understand various money saving strategies.

Methodology: expositive, active/participating, interrogative

Contents: presented in a form of visual presentation during webinar

- Creating budget

- Understanding needs and wants

- Money saving strategies

Activities: Choose a saving strategy and start saving, according to the personal goals.

Evaluation: Complete online quiz to assess the understanding of the theoretical part.