ict presentation
TRANSCRIPT
Introduction :The word budget is derived from the
French word ‘baguette’, which means a ‘small bag containing financial proposals’.
It takes place when total income of the family is equal to total expenditure.
It maintains the balance between income and expenditure of the family.
Some points to remember :-
• Your budget should be tailored as per your needs.
• Saving is necessary element of budget to overcome unexpected events.
• Don’t panic, if your expenses exceed the income. Revise your budget by reducing expenses.
• The budget should be reviewed from time to time.
1) Protects individuals from getting into financial problems.
2) Brings economic stability in life, if money is managed efficiently.
3 steps to Happy life :
1) Remain away from worries and tensions.
2)Be stress free.
3)Maintaining your Budget.