FP 100T Wk 2 Discussion – Personal Budget

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

In this discussion, you will have an opportunity to make connections between your prior knowledge and the new content you are learning this week. Use your results from this week’s “Build Your Proficiency” Diagnostic to provide context for your prior knowledge and consider the new content about the budgeting, banking, and income taxes as you respond to the following discussion prompt.

Respond to the following in a minimum of 175 words:

The Personal Financial Planner 3.2: Budget Tracker in the Week 2 Learning Path is designed for use with a monthly budget. At the end of each month, you would enter your actual spending in each category to identify budget variances. What is your experience with creating and using a personal budget?

Have you tracked expenses to identify variances? If so, what method did you use?

What new strategies have you learned this week? How can your tax withholding affect your budget or financial goals?

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.