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Welcome to IB Business Review | Key Terms 3.9: Budgets

Budgets: not just for adults with spreadsheets and too much coffee. In this video, Mr. Andy breaks down how businesses plan their spending, who’s in charge of what, and why zero budgeting might feel like starting from scratch (because it literally is).

You'll also pick up on why favorable doesn't always mean "good job" and why adverse might have you sweating before a finance meeting.

Plus, we sprinkle in some real-world slang—because every good business student should know when to say “I don’t have the bandwidth” and spot some “low hanging fruit.” (not actually on the syllabus, but it should be!)

✔️ Perfect for quick revision and exam prep
📖 Based on the official 2024 IB Business & Management syllabus
🧠 Questions first, answers after—designed for memory magic
👨‍🏫 Taught by Mr. Andy, an experienced IB teacher who's helped students crush exams for 10+ years

Let’s get those ducks in a row—press play and master budgeting like a boss.