COLL148

“Budgeting Your Future” was a very informative article. It gave two scenarios on two different people that came out with two different endings. Both were young men coming out of high school, one that was promised a raise and a manager position that never happened and started spending right away. The other was living at home saving, and had a budget. When the time came he was ready to move out. The article then proceeds to mention four steps to planning a budget. It even came with a budget sheet at the end of the article.
I chose this article because it has relevance to making a budget. There were examples on what would happen if you had a budget, or if you foolishly spent your money. There are steps given to set up your budget, where to put your money and how much to put in it. The article mentions how to set goals and how to prioritize them. All of these steps are important for setting up a good budget.
Stephens, Brooke. (January 2006). Budgeting your future. Career magazine; Vol. 34 Issue 4, p11-13, 3p; Retrieved 9/17/2009 from EBSCOhost database.
“Budget for Real Life” was another interesting article I found relating to personal finance. This article was a question and answer session between a Harvard Law professor and her daughter, a personal-finance expert. It talks about what people should do that don’t make enough money to put away into savings. They speak about many issues, including how much to spend on the small stuff. They also talk about how to set your own budget and how much to put away.
This article is also relevant to making a budget. The questions asked in the article, are questions I would ask if I was making a budget. It also gives an experts opinion on what to do and what not to do. Although this article is just an excerpt from a book called,”All Your Worth: The Ultimate Lifetime Money Plan”, it is still very informative and full of information.
Lehoczky, Etelka. (August 2005) Budget for real life. Money; Vol. 34 Issue 8, p48A-48B, 2p. Retrieved 9/17/2009 from EBSCOhost database.