1. Section 1

1.11. Lesson 1 Summary

Mathematics 20-3 Module 1

Section 1: Personal Budgets

 

Lesson 1 Summary

 

This photo is of a man reviewing his finances.

Creatas/Thinkstock

 

In this lesson you were introduced to the budgeting process. You analyzed income and expenses and categorized them as regular income or variable income and as recurring, variable, or unexpected expenses.

 

Setting up a budget can help you realize your financial goals and live within your means.