Bio:

Chapter 2 of *Foundations in Personal Finance* typically covers the importance of budgeting and managing money wisely. It emphasizes creating a spending plan to control finances, prioritize needs over wants, and avoid debt. The chapter often explains how to track income and expenses, set financial goals, and develop habits for saving and responsible spending. Understanding these principles helps individuals make informed decisions, build financial security, and work toward long-term goals like buying a home or retirement. Overall, it teaches the foundational skills needed for effective money management and financial success.