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A budget shows


•Where your money is coming from
• How much is there
•Where it is all going.
1. Gather every financial statement you can.
2. Record all of your sources of income
3. Create a list of monthly expenses
Fixed Expenses
  Fixed expenses are those that stay relatively the
     same each month and are required parts of
     your way of living. (i.e. Rent, car note, cable,
     internet etc.)

Variable Expenses
Variable expenses are the type that will change
from month to month and include items such as
groceries, gasoline, entertainment, eating out
If your end result shows more income than expenses you
are off to a good start.

   You can prioritize this excess to areas of your budget
  such as retirement savings or paying more on credit
  cards to eliminate that debt faster.

 If you are showing a higher expense column than income
it means some changes will have to be made..
Review your budget on a monthly basis

Start a savings program and make it automatic

Maintain good credit
Never give your login name or password to anyone
Save you money
     No more money orders
     No more postage stamp

Save you time
     No more trips to buy money orders
     No more trips to the post office
On line banking cur

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On line banking cur

  • 1. Sponsored By: Connecting Your Community (CYC)
  • 2. A budget shows •Where your money is coming from • How much is there •Where it is all going.
  • 3. 1. Gather every financial statement you can. 2. Record all of your sources of income 3. Create a list of monthly expenses
  • 4. Fixed Expenses Fixed expenses are those that stay relatively the same each month and are required parts of your way of living. (i.e. Rent, car note, cable, internet etc.) Variable Expenses Variable expenses are the type that will change from month to month and include items such as groceries, gasoline, entertainment, eating out
  • 5. If your end result shows more income than expenses you are off to a good start. You can prioritize this excess to areas of your budget such as retirement savings or paying more on credit cards to eliminate that debt faster. If you are showing a higher expense column than income it means some changes will have to be made..
  • 6. Review your budget on a monthly basis Start a savings program and make it automatic Maintain good credit
  • 7. Never give your login name or password to anyone
  • 8.
  • 9.
  • 10.
  • 11. Save you money No more money orders No more postage stamp Save you time No more trips to buy money orders No more trips to the post office