1. BUDGETING 101 BROUGHT TO YOU BY SFA

2. BUDGETING: WHAT, HOW, WHEN, AND WHY WHAT: To plan expenditures for everyday life HOW: WE WILL SHOW YOU! WHEN: Everyone should always have a budget whether money is an issue or not; emergencies can happen anytime WHY: Everything requires money and it feels good to know limits and set boundaries

3. KEEP IN MIND Income Expenditures Needs vs. Wants Future expenditures Emergencies Short term and Long term

4. STATISTICS Average Debt of graduating College Students: $26,600 Average Credit Card Debt: $15,185 Average Mortgage Debt: $147,133 Young adults are most likely to go bankrupt than any other age groups Average yearly income per house hold: $50,054

5. Monthly Ideal (Estimated) Monthly Actual Rent$170.00 Utilities (cable, gas)$90.00$92.40 Car Gas$35.00$68.00 Food$100.00$143.00 Clothing, Toiletries$30.00$50.00 Other expenditures$5.00$10.00 Ideal TotalActual Total $430.00$533.40

6. CONSEQUENCES Don’t have enough money to pay for next month’s rent/utilities/ or school tuition? Don’t forget about late fees No money for emergencies Don’t forget about bankruptcy or low credit score

7. TIPS Online Banking Keep your Budget somewhere close Wait a week before making “want” purchases that are over $15.00 Make an allowance for yourself

8. THINK ABOUT THE FUTURE Things to keep in mind Unexpected Hospital/car/house/technology bills or loss of income Future marriage plans Paying off student loans