Creating a Savings and Spending Plan
Discovery Resource # E-29
Resource Topic:
Wealth Management
Planning Tools:
Exercise
Career Phase:
Learn
Description:
Budget your way to happiness and financial success!
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Description:
Gain control of your financial life by creating a budget. Your budget will help you see where you are spending your money and where you can make adjustments to meet your financial goals. Remember, the numbers don't lie!
A budget will allow you to objectively evaluate your spending habits, plan for upcoming expenses and your financial future.
Budgeting also helps you distinguish between your financial needs and wants.
A budget will allow you to objectively evaluate your spending habits, plan for upcoming expenses and your financial future.
Budgeting also helps you distinguish between your financial needs and wants.
Objectives:
- Develop a budget for their living expenses, entertainment, savings, emergency and retirement accounts.
- Project a budget that includes expenses and dedicated funding lines/accounts
- Develop a budget based on real world expenses and dedicated funding lines/accounts
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