1. Budgeting Basics

2. Budgeting Basics Life is an Adventure

3. OBLIGATIONS WANTS NEEDS DREAMS PLANS DEBTS

4. Step 1 Where am I? Where do I want to be?

7. What are your goals?

8. Step 2 How to Get There? Budgeting

9. The Budget: A Tool for Reaching Your Goals Savings Income Expenses = +

11. Money or its equivalent received during a period of time in exchange for labour or services, from the sale of goods or property, or as profit from financial investments. Income

12. Employment Income less Taxes + Deductions Net salary

15. Taxes + Deductions Benefits Salary Income

16. The cost of a product or service that you buy. Vary from person to person, family to family, based on many factors such as your income, goals and spending habits. Expenses FlexibleFixed

19. Sample Student Budget

20. Savings Money set aside to: Achieve longer term goals; To pay unexpected expenses; For retirement.

21. Budget: Bringing It All Together Government of Canada Budget Calculator Check out other budgeting tools online or on your mobile