Lesson Overview:

Money management is a key skill for both life and entrepreneurship. This lesson introduces learners to the basics of budgeting—helping them understand how to track, plan, and manage money wisely whether for personal goals or business success.

What You’ll Learn in This Lesson:

• 💸 Why Budgeting Matters
  Understand the importance of knowing where your money goes and how it supports your goals.

• 📝 Creating a Simple Budget
  Learn how to list income and expenses to create a clear picture of your finances.

• 🔍 Tracking Spending
  Discover methods to monitor your spending habits and identify areas to save or invest.

• 🎯 Setting Financial Priorities
  Learn how to decide what’s essential versus what’s optional in your budget.

• 💡 Planning for Business Expenses
  Explore common costs involved in starting and running a business and how to plan for them.

• 🛡️ Building Financial Confidence
  Gain tips on how to avoid common money mistakes and build good habits early.

Why This Lesson Matters:

Whether managing allowance, savings, or business funds, budgeting empowers learners to take control of their money. It builds confidence and responsibility, key traits for success in any future venture or life path.