Importance of Financial Management
Storyboard-Text
- footy
- Do we need a budget?Should we save to pay our rent?
- No no no! We don't need to do that! Go buy us tickets to some high-end cinemas.
- HOUSE BACK UP FOR RENT
- DEBT
- BILL
- BILL
- NOTICE
- If you can't pay your rent, you will be evicted
- BILL
- DEBT
- ACTION REQUIRED PAYMENT OVERDUE
- FOR RENT
- OUT!
- This scene is showing a couple not caring for financial management. They aren't caring to budget or save and they are spending money wants and things they don't need. If this continues and they don't get their act together they could get into debt. This couple lives in a rental home.
- Now there are many bills, payments and notices coming through that this couple can't pay because of a lack of good financial management. They could be evicted from their home if their don't pay their rent, but they also have other bills to pay!
- As a result of not budgeting, saving or monitoring their expenses, this couple have been evicted and told to get out of their house. They have no money and are living on the streets. If they hadn't spend so much on their wants and focused on creating a budget and saving to pay their rent, they wouldn't have ended up in a bad financial situation like this.
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