The document discusses budgeting, numbers, debt, and credit. It provides percentages for consumer debt, property taxes and insurance, and total debt. It asks questions about separating needs from wants, consolidating insurance and other payments, and reducing expenses. It also addresses developing a debt payment plan, sticking to a budget and financial plan, what credit is and how to build and maintain good credit. Finally, it indicates that recommendations will be made after processing the case study while keeping retirement in mind.

1. Budget, numbe
rs,
and credit
Katherine Spradley
Financial Planning

2. Where are you?
 Almost done gathering
 Almost done processing
 Almost ready for making
recommendations

3. Budget and Numbers
 20% Consumer Debt (Net-After)
 28% PITI (Gross)
 36% Debt (Gross)
 What are these for SWF29?
 What are they for you?

4. More Numbers
 Separation of Needs/Wants
 Consolidation of Items
 Insurance
 Utilities
 Equal Payment Plans
 Reduction of Expenditures

5. Debt Payment Plan
 Doyou have outstanding debt?
 How much do you owe?
 What is the interest rate?
 What is the minimum payment?

6. How are you going to
stick to it?
 What is your method?
 Stay organized?
 Recheck
 Balance
 Plan

7. Credit
 What is it?
 How do you get it?
 How do you build it?
 How do you maintain it?
 Myths and facts

8. Case Study
 Finish processing (w/exception of
retirement)
 Start recommending (keep retirement in
mind)