1. Discuss why having a budget is important. What are some of the methods that could be 2. Discuss the importance of saving money. Why is it that people fail to have an emergency 3. Describe why financial goas are a necessity to a financial plan. used to create and maintain a budget. fund? 4. Describe in detail how your income is taxed. Show me an example of your taxes based on an income of $120,000. Discuss marginal tax rates and what they mean. Discuss what each type of tax is for and how it is calculated