Honorè Financial Services provides tips for successful budgeting and money management. Key steps include establishing a budget, living within it, and spending less than you earn while starting a savings plan. For college students, the document recommends applying for only one student bank account, avoiding credit cards, determining a budget, and seeking help if financial troubles arise. Managing important records such as bank statements, birth certificates, and tax papers is also advised.

1. Honorè Financial Services Managing Your Money

2. Budgeting

3. Successful Budgeting Establish a budget Live within the budget Spend less money than you make Start a saving and investment plan

4. Gathering Information Determine your average monthly income. Determine your monthly fixed expenses. Determine your monthly variable expenses. Evaluate your expenses. Track all of your expenses by keeping receipts. Set goals and objectives.

5. Tips for College Students Apply for only one student bank account and choose a bank with a branch near your college. Managing your money is much easier with only one account. Avoid applying for credit cards and store cards since this is one of the most expensive ways to borrow money. Determine a budget of your income and expenditures. Prioritize your debts. Be cautious about long-term commitments such as a car loan or borrowing money for a state-of-the-art computer. If you get into financial trouble, seek help as soon as possible.

6. Managing Records Bank Statements Birth Certificate PassportMarriage Certificate Will Warranties/Guarantees Medical Records Tax Papers Insurance Papers Social Security Card Mortgage Papers Investment Papers

7. “Retirement Planning Made Easy”

8. Financial Planning for the College Student Free Workshop Speaker: Mr. Monroe Place: Gregory Hall, Florida University Date: July 15, 2012 Time: 10:30 a.m.

9. Financial & Budgeting Resources Dave Ramsey’s newsletter Let’s Talk Money newsletter Money Magazine Smart Money Magazine