Title: Describe the elements of personal budgeting and financial planning.
Course: Air Force JROTC III (09153) > Section: Exploring Leadership: Life Skills and Career Opportunities

Description should include

- creating and balancing a budget
- managing savings, checking, and retirement accounts
- real-life issues in buying and selling homes and vehicles
- managing credit
- utilizing types of insurance to protect resources.

Process/Skill Questions:

- Why is it important to maintain a budget?
- Why is good credit important?
- What is an APR?
- What are the major types of insurance available to protect resources?