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Financial Literacy in Action
Tutorial 1: Families and the Need for a Spending Plan
 

Access Right on the Money. Read only the section titled, "Meet the Family."

  • Discuss three important facts we learn about Melody and Aaron’s financial situation.
  • Explain two reasons why Melody and Aaron would like to prepare a budget.
  • Discuss two of the problems Aaron and Melody said they face in getting their budget started. To what extent are the problems in getting a budget started common to most people?
  • List the questions that Melody and Aaron would like the budgeting experts to answer. Select one of these questions. How would you answer it?
  • What does Aaron mean when he says that creating a budget will “free up my time?”
  • What advice would you give Aaron and Melody as to how to get their family budget started?
 
Spending Plans - Tutorial 1: Families and the Need for a Spending Plan
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