collected and les and other relevant sources for your research may use the internet, library, newspaper During WEEK 2: Students must complete the Journal Entry in the classroom. ACTIVITY 2: JOURNAL ENTRY (PERSONAL/FAMILY BUDGET) QUESTION 1 Read the passage below and answer the questions that follow: Lindiwe learned that the 50/30/20 budgeting method purs 50% of your income into essential bills, 30% into "un' or luxury spending and 20% into savings or debt. 1.2 Define the term budget. 54000 [Examiner's extract]