1. Personal Budgeting Made Simple Rod Wiltrout By PresenterMedia.com PresenterMedia.com

2. Make wise money decisions See where your money goes Make sure everything gets paid: ON TIME! Define essential costs vs. non-essential spending Get rid of your debt Plan for the future Plan for retirement: it will happen at some point You Need a Game plan! By the way, a $3.00 latte daily is over a $1,000 out of your annual budget. Just a thought… Why Have a Budget?

3. Married Couple Double income No children College debt Credit card debt Car payments Rent Budget Parameters: Who are These People?

4. Define your Income

6. Put in Your Expenses

10. How Much am I Spending in Each Area

11. … And You Can Graph It!

12. Put in Your Expenses So, what do we do NOW?

13. and Increase Income and Decrease Expenses! Get a second or third job Take out the non-essentials Sell your “stuff” Create a Debt Reduction Snowball! Everyone has this Problem to Some Extent! Fixing Your Budget

14. CreditorsMonthly PaymentTotal Debt Student Loan (10 yr.)$450.00$ 40,000 Credit Card #1$ 50.00$ 2,500 Credit Card #2$ 75.00$ 4,000 Car Repair$ 20.00$ 350 Total Debt$ 595.00$ 46,850 Reduce Installment Debt

15. On College Loan: Interest paid on Student loan $ 13,033 With Extra $145 Payment $ 8,873 Original Payments 118 With Extra Payments 83 Payments Saved $ 4160 interest saved 35 $40,000, 10 yr., 6% Loan On Just the Student Loan…

16. Rod Wiltrout rwiltrout@csbc.com (559) 287-7840 cell phone