 By: Myranda, Tran, Zack.  Save money by opening a bank account  Put money in your account each week  Track spending  Set financial goals  Make.

Slides:



Advertisements
Similar presentations
Steps to More Effective Money Management. Sometimes when people are under stress, they hate to think, and it's the time when they most need to think.
Advertisements

You’re going to College… Now What?. Make a Plan!
MONEY MANGEMENT Presented by L Everette Martin November 2010.
Using cold water You can use cold water to wash your clothing. Using hot water takes a lot of energy to heat it up, this will cut back on a lot of things.
Insert name, county, date How to Save a Dollar ….when you don’t have a dime to spare?
Income and Expenses. Income Income from work A. Wage – money paid by the hour or unit of production. B. Salary – money paid on a weekly, monthly, or yearly.
$ Money $ And How To Save It By. Shyan Salkhordeh.
OB & GYN GABRIELLE KUECK. OB & GYN Nurse An OB& GYN Nurse is a nurse that helps deliver babies. They also help with the prenatal care up until the time.
Comparison Shopping. Shopping Shopping is what you do when you spend income (money you have earned). You can do this in a variety of ways: a. In Store.
Creating a budget is important to ensure your financial security, monitor your income and expenses, and a way to help you save money. In order for your.
 It’s a great feeling when you buy your first house, but it comes with expenses that you didn’t have to worry about when you rented  Despite having more.
 A budget is a written record of the money that flows in and out of your household or pocket every month.
Personal Finance Part 1.  _don_t_eat_the_marshmallow_yet.html _don_t_eat_the_marshmallow_yet.html.
Schedule  An organized written plan to help reach your goals within a certain period of time.
H233 Consumer Management Budget Expenses. Recommended Monthly Spending.
Subtitle Making and Living Within a Budget. How should you spend your money? How do you spend your money?
Unit 4 Creating a Budget. Objective(s) What is a budget? Activity – Pair up with someone in the room and sit with them and prepare to begin the budgeting.
1 Financial Wellness Curriculum Introduction to Financial Management More information available at
Budgeting What is a budget? What are characteristics of a budget? Why do you need to budget?
Teen Living Review Objective Expense Expense = anything a person spends money on – Rent/house payment – Car – Clothes – Food – Entertainment –
1 Bresee Bank PAY YOURSELF FIRST #1 SAVE Numero Uno..
BUDGETING. Budget Categories  Income--$$$ coming IN  Expenses--$$$ going OUT  Fixed  Flexible  Discretionary  Savings (10% of income)
Value: How our economy is measured. Money/currency: The cash and coins we use. Treasury: controls the currency of our country. Economy: Products, people,
Looking at Your Finances
What is Budgeting? IncomeExpensesSavings.  What is Income? Where does it come from?  What are some sources of Income?  Things to consider…  Federal.
How to budget your money?
September 9- BUDGET UNIT: SEPTEMBER 9. How do you budget your expenses? If you do not budget, explain why….. BELLWORK: 9/9.
A plan for how to spend your money What is a budget?
Statement of Financial Position Who is wealthier?  Ian  Income $30,00  Net Worth $45,000 Mitchell Income-$85,000 Net Worth-$28,000.
Budgeting Creating a Plan for Your Spending. $50.00 What would you do if someone gave you $50? Would you spend it on something, would you save it? What.
Budgeting. What is a Budget? A plan for spending and saving money Most people think budgets are: –Rigid and inflexible –Painful – who wants to eat Top.
Budgeting basics. Gross income The amount of money BEFORE TAXES!!!!
PSD: Managing Own Money Challenge 3. Level 2 – Challenge 3 You are about to look at 4 different situations. For each you need to consider/discuss with.
Planning a budget. Lifestyle – Pre-budgeting Lifestyle is a way of living that reflects that person’s attitudes and values Where will you live? Rent or.
BUDGETING. Budget Categories  Income--$$$ coming IN  Expenses--$$$ going OUT  Fixed  Flexible  Discretionary  Savings (10% of income)
‘Cause you blew all of your $$$ on Spring Break. ;)
NEFE High School Financial Planning Program Unit Two – Budgeting: Making the Most of Your Money Unit 2 - Budgeting: Making the Most of Your Money.
Peggy Olive, Family Living Agent Richland County UW-Extension How to Save a Dollar ….when you don’t have a dime to spare?
Budgeting. Learning objectives To Know What a budget is Calculate a budget over three months To understand How to improve a budget Why budgeting is important.
Lesson 4-2 Basics of Budgeting LEARNING GOALS: -IDENTIFY THE PURPOSE OF A PERSONAL BUDGET -PREPARE A PERSONAL BUDGET -DESCRIBE RECORDKEEPING METHODS USED.
BUDGETING, SCHMUDGETING…WHY DO I NEED A SPENDING PLAN? By Julie Chapman for.
What is a budget?.
Average Costs.  Employers cost to pay for single coverage averages about $5800 per employee  That means for an employee who is paid 52 times per year,
Personal Budget Vocabulary. Personal Budget Estimate of costs, income, and resources over a certain period of time. Step 1: Identify how much money you.
Section 2: What are the components of a quality budget? Unit 3: Budgeting.
Core Content: Students will identify financial management practices and the purposes of budgeting, savings,banking services (Checking,savings,debit,credit.
Pp Managing Spending. What to do with the money you earn? Budgeting Your Money Budget: Budget helps you:
Citizens and The Economy. How do we contribute to the economic common good?? Be productive!!! What does this mean???
B UDGETING 101. W HAT ARE YOUR FINANCIAL GOALS ? What kinds of items would you like to purchase? Do you plan to pay for a college education? Do you want.
My Budget Project Personal Finance Period:_____ Your Name 12/26/
LIFE The Game of LIFE Week of 10/25. Monday Groceries: You went grocery shopping over the weekend to stock up for the week. This includes one night of.
A plan for how to spend your money What is a budget?
Pay Yourself First Financial Capability. Pay Yourself First Income – any money you receive Expenses – what you spend money on Spending plan – a plan for.
BBI 2O - Budgeting Track-o-matic
BY: SUVRAJ MINHAS Getting My Life Together!. My Life In 5 Years… I plan to be finished school and be working as an ECE, which is short for Early Childhood.
Section 3.3.  Step 1: Set Your Financial Goals  Step 2: Estimate Your Income.
Walsall Council Budget Setting What’s important to you? Easy Read Information.
Preparing a Budget. Budgeting Managing one’s income and expenses by creating a plan  Companies, Governments, Families, You Covers a specific time  Companies.
Budgeting for Your Future… Ms. Smith Personal Finance.
My Budget and Balancing By James Shirey. Carpentry Carpentry position at Zaveta Custom Homes for interior and exterior construction located in Doylestown,
Per$onal Financial Literacy 101 MR. KNIGHT HRMS. Financial Literacy – the ability to understand how money works in the world. How someone makes it, manages.
Avoid Seasonal Splurging A Financial Literacy Presentation by Member Name, CPA.
My Budget Project Personal Finance Period: 6 (Math Models) Your Name 6/10/
Budgeting: Making the most of your money FYI: 60% of millionaires use a budget to manage their money.
Week 5 Excel. JanFebMarAprMayJun Monthly Income 2700 Monthly Expenses Electric Water Cell Phones 130 Rent 800 Car Payments.
Per$onal Financial Literacy th Grade Social Studies Harold E. Winkler Middle School.
BUDGETING.
Budgeting Project.
Presentation transcript:

 By: Myranda, Tran, Zack

 Save money by opening a bank account  Put money in your account each week  Track spending  Set financial goals  Make a list of expenses

 Pay your main bills first (light, gas, rent, car payment, etc.)  Put a limit on shopping  Cook at home  Only treat yourself once a month

 Think first before spending o Do you need it? o Are you going to use it? o Is it going to help you? o Can I get a better price? o Are you spending above your budget to buy it? o Can you use it long-term? o Will it last?

 Shopping at the grocery store o Buy only what you need o limit on how much you spend o buy enough for at least 1-2 weeks  Shopping for Clothes o shop only once for each season o create a limit  Shopping for Holidays o Budget o Be willing to cut back

 spend-money-to-make-money-why-expansion-stage- companies-should-hire-the-more-expensive-candidate spend-money-to-make-money-why-expansion-stage- companies-should-hire-the-more-expensive-candidate  Tools/Credit-Articles/Money-and-Budgeting/Five-Things-You- Need-to-Know-About-Money-and-Personal-Budgeting.aspx Tools/Credit-Articles/Money-and-Budgeting/Five-Things-You- Need-to-Know-About-Money-and-Personal-Budgeting.aspx 