Budgeting is the process of creating a plan to spend your money. Creating this spending plan allows you to plan in advance whether you will have enough money to do the things you need to do or would like to do. If you don’t have enough money to do everything you would like to do, you can use this planning process to prioritize your spending and focus your money on the things that are most important to you and your family.
This training session will cover the following:
- What is a budget.
- Budgeting principles.
- What happens if I don’t budget.
- Advantages of budgeting.
- Understanding fixed, variable and discretionary expenses.
- Budget exercise.
- Having an emergency fund.
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Budgeting Training
R300
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