1. Dollars & Change and Dollars & Sense Dr. Bill Gustafson Center for Financial Responsibility & Division of Personal Financial Planning

2. C enter for F inancial R esponsibility What will happen  Awareness of resources  Human Resources  Red to Black  Example of resource use What won’t happen  debate on change in pay period  miracle fix for debt-to-income problems  everything solved in 50 minutes

3. C enter for F inancial R esponsibility Financial solutions for Texas Tech community One-on-one financial planning and counseling for individuals and couples Educational programs for groups Websites www.r2b.ttu.edu

4. C enter for F inancial R esponsibility  Individual sessions in the TTU Family Therapy Clinic  Special Sessions at your workplace  Satellite sites (as needed): -Health Sciences Center -Texas Tech Federal Credit Union

5. C enter for F inancial R esponsibility Example topics -creating a spending plan -establishing and using credit -obtaining and using loans -tax strategies -selecting and comparing employee benefits -planning for expenses during and after college -identity theft prevention -pre-marital financial planning

6. C enter for F inancial R esponsibility $ Inflow

7. C enter for F inancial R esponsibility www.depts.ttu.edu/personnel/administration

8. C enter for F inancial R esponsibility

9. C enter for F inancial R esponsibility Double click on “Banner Pay Frequency Worksheet”

10. C enter for F inancial R esponsibility You can print it and do it by hand or…

11. C enter for F inancial R esponsibility Or save this on your computer

12. C enter for F inancial R esponsibility Open in Excel and “Unprotect” worksheet

13. C enter for F inancial R esponsibility Type in either your “Annual Salary” or “Hourly Rate” amount

14. C enter for F inancial R esponsibility Remember that the dollar amounts shown are BEFORE DEDUCTIONS for taxes, retirement, dependent insurance, etc.

15. C enter for F inancial R esponsibility

16. C enter for F inancial R esponsibility Type in your “Hourly Pay” and hit “enter”

17. C enter for F inancial R esponsibility

18. C enter for F inancial R esponsibility $ outflow

19. C enter for F inancial R esponsibility Budget Basics Fixed expenses  Mortgage  Car payment  Not quite “fixed”  electricity  phone Variable expenses  entertainment  food away from home

20. C enter for F inancial R esponsibility WWW.R2B.TTU.EDU

21. C enter for F inancial R esponsibility Click on “Money Management”

22. C enter for F inancial R esponsibility

23. C enter for F inancial R esponsibility Click on “Money Management” and then on “Monthly Spending Plan for Non-Exempt Employees

24. C enter for F inancial R esponsibility Or go to the bottom of the page

25. C enter for F inancial R esponsibility Save the worksheet to your computer

26. C enter for F inancial R esponsibility

27. C enter for F inancial R esponsibility http://funnyaboutmoney.com Click on “December 2007” under “Archives”

28. C enter for F inancial R esponsibility PFP 3301 PFP 2330 Helpful Tech courses

29. C enter for F inancial R esponsibility www.r2b.ttu.edu www.pfp.ttu.edu