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Borrowing: Use—Don't Abuse

Lesson 2-1 Spending Plan

When planning a road trip, you start by mapping possible routes to your destination. Later on you might take a fun detour or have a surprise pitfall, but you start with an expected route and adjust as needed. A spending plan (aka, budget) is a map that details how you plan to use your money to cover your living costs while aiming to reach your goals.

What You’ll LearnCreate a spending plan.

Taking it Home

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Related Resources

Talking Points for Parents

While your teen is learning about spending and borrowing, consider ways to reinforce learning from home.

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