Question

• What are the major themes of the articles? • Was there anything you learned about...

• What are the major themes of the articles?
• Was there anything you learned about personal budgeting from the articles that you did not already know?

The articles are:

https://money.usnews.com/money/personal-finance/family-finance/articles/2018-03-02/6-money- management-mistakes-millennials-often-make

https://www.usatoday.com/story/money/personalfinance/2014/09/28/budgeting- millennials/16272309/

https://money.usnews.com/money/personal-finance/articles/2013/10/18/8-steps-to-creating-a- personal-budget

https://www.moneyunder30.com/budgeting-in-your-twenties

https://www.nbcnews.com/know-your-value/feature/best-financial-tips-millennials-ncna849926

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Homework Answers

Answer #1

The major themes of the given articles are:-

Budgeting

Budgeting for 20s

Budgeting for millennials

Personal budgeting is required for any person of any age so that he can control the expenses he has to incur to live life. A personal budget is a finance plan that allocates future personal income towards expenses, savings and debt repayment. Past spending and personal debt are considered when creating a personal budget.

We learned how to create an accurate personal budget to minimise the expenses in comparison to our income.

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