Evaluating Budgets

EQ - How is a real life budget created, evaluated, and adjusted?

1. Collaborative Teams - Review the previous lesson content including the following:
1. TCAIE
2. Show how to allocate expenses to categories (use "Step Three" in the packet)
3. Calculating Percentage of Income Used
4. Pie Chart Percentages
2. Collaborative Teams - Questionnaire
1. What are the similarities between the Brown Family's expense allocation and the average expense allocation?
2. What are 2 differences?
3. Debriefing - White Board Response
1. What 3 steps of budgeting are for PLANNING?
2. Which category allocation from the scenario most alarms you?
3. What makes it alarming?
4. Activator - TPS: Mint.com Budgeting Gadget
5. Control Systems
6. Evaluating a budget
1. Sample Budget *
2. Control Systems
3. The evaluation process* (Together)
7. Financial Advice - What advice would you give to Sonny?  Be specific and detailed *
1. Google Docs Instruction Sheet
2. Letter Directions
3. Composition Work Time
8. Self-Evaluation
1. What kind of spender are you? 
2. How can the result of this quiz help you when planning your personal budget?