1. Introduction to Budgeting

2. Budgeting How much you earn has almost no bearing on whether or not you will build wealth and meet your financial goals.

3. How much should you spend? How much should you save? How much should you give?

4. Setting Savings Goals Short-term – reach in under three months Intermediate-term – reach in three months to one year Long-term – reach in five years

5. Set Savings Goals Short-term – reach in under three months

6. Set Savings Goals Intermediate-term – three months to one year

7. Set Savings Goals Long-term – accomplish in five years

8. ACTIVITY TIME!!! MY GOALS

9. Set Spending Goals Do you need it? Do you want it? Do you need something that you want?

10. Wants vs. Needs

11. Wants A want is something you would like to have

12. Needs A need is something necessary for survival

13. ACTIVITY TIME!!! WANTS VS. NEEDS

14. Saving Tips Prioritize and keep your eye on the prize – Prize is reaching your goals for short and long-term savings, paying back what you owe, making donations, and gifting Determine “your” room for improvement

15. Saving Tips Never spend more than $10 without taking 48 hours to think about it – this will help with impulsive spending What are some other ways you can save?

16. Questions?