Section 1 - Instruction

A budget isn't a "set it and forget it" tool. It's a living document that needs attention. When things go wrong, it's usually due to unrealistic expectations, poor tracking, or life simply changing. Let's practice spotting these issues.

Engagement Message

What's one reason a budget has failed for you in the past?

Section 2 - Practice

Type

Swipe Left or Right

Practice Question

Let's identify healthy vs. unhealthy budget mindsets. Swipe left for Healthy and right for Unhealthy.

Labels

  • Left Label: Healthy Mindset
  • Right Label: Unhealthy Mindset

Left Label Items

  • "My budget is a tool to help me, not a strict rulebook."
  • "I overspent in one area, so I'll adjust and try again."
  • "My spending will change, and my budget can adapt."

Right Label Items

  • "I blew my budget on one purchase, so the whole month is ruined."
  • "This budget is too hard, I'm just bad with money."
  • "I must stick to my original numbers no matter what."
Section 3 - Practice

Type

Multiple Choice

Practice Question

You followed your budget perfectly, but you forgot to track the $50 you spent on a new shirt using your credit card. This is an example of:

A. A budget blind spot from multiple accounts B. An unrealistic budget category C. A fixed expense changing unexpectedly D. A successful budget week

Suggested Answers

  • A - Correct
  • B
  • C
  • D
Section 4 - Practice

Type

Fill In The Blanks

Markdown With Blanks

Let's diagnose this budget problem.

Problem: For three months, you've budgeted 300forgroceriesbutspent300 for groceries but spent 400. You track every purchase. Diagnosis: Your budget is [[blank:unrealistic]], not your spending. Solution: You should [[blank:adjust]] the budget amount upwards and find the extra money from a 'Wants' category.

Suggested Answers

  • unrealistic
  • adjust
  • failing
  • ignore
Section 5 - Practice

Type

Sort Into Boxes

Practice Question

Let's sort these budget problems into their most likely cause.

Labels

  • First Box Label: Tracking Problem
  • Second Box Label: Budget Problem

First Box Items

  • Forgetting cash buys
  • Not logging card swipes
  • Bank balance is a surprise
  • Small purchases missed

Second Box Items

  • Always overspending
  • Feeling too restricted
  • No money for fun
  • Goals feel impossible
Section 6 - Practice

Type

Multiple Choice

Practice Question

After reviewing your budget, you realize your 'Wants' are consistently 45% of your income, not 30%. What is the BEST first step?

A. Immediately cut all wants until you hit 30% B. Give up on the 50/30/20 rule entirely C. Analyze your 'Wants' to find small, easy reductions first D. Increase your income by 15%

Suggested Answers

  • A
  • B
  • C - Correct
  • D
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