1. BUDGETING Short and long term goals Figuring monthly income Categorizing spending

2. PLAN YOUR FUTURE

3. BUDGETING Figuring out if you have enough money Deciding how to spend money Comparing – Income (money you have available) and – Expenses (amount you spend) Planning to avoid overspending and have money left over (be in the black, not the red)

4. PLANNING PRIMARY High Priority – paid first Housing Utilities Health/Life Insurance Medical/Dental Expenses Transportation Food Clothing SECONDARY Lower Priority – goods/services Accessories Household repairs Appliances, furnishings Entertainment Charitable giving Miscellaneous

5. EXPENSES FIXED Rent/Mortgage Car payment Savings Insurance VARIABLE Food Utilities Gas/repairs Personal care Clothing Gifts