Thursday, May 8, 2014

in econ class we had jumped into learning about the personal finance portion of the class. we started learning about budgets. we made a family and where all given amount of money and then had to budget with our wants and expenses. we then where given obsolesces like our highest paying family member losing their job or having a baby in the family to see if this changed our budget. because our family wasn't really buying a lot of our wants we had a lot of money left over and our budget didnt really change. I think this activity helped me realize we need to prioritize the things we want from the things we need so that we dont go into debt.

2 comments:

  1. I too really like the activity of balancing a family budget. It made me think about what it's going to be like in the future making a budget and living with it. It's kind of scary to think about! Great post!

    ReplyDelete
  2. I am having so much fun with this activity! It does make you think twice about what you are spending your money on and how it not only affects you but those around you. Keep up the good work!

    ReplyDelete