2. Money Management Different Aspects of Money Management Budgeting
Banking & Savings
Retirement Planning
Investing
Paying Taxes
Managing Debt
Estate Planning

3. How do I manage my personal finances
Money Management
How do I manage my personal finances
Track Monthly Spending
Develop Household Budgets
Be sure to Budget for Savings
Pay Monthly Bills on Time. Avoid Late Fees
Review Credit Reports
Take Advantage of Free Money
Assess you Insurance Policy

4. Budgeting Tips for staying on Budget
Always start out with a list of all your expenses
Write it down
Keep track of all of your expenses
Smartphone Apps
Only spend dollars you can see
Be leery of credit cards
Move money over to higher/lower interest rates
Savings/Checking/Credit Cards – better perks
Sign up for free Reward Programs
Groceries/Restaurants/Dept. Stores

5. Banking Checking and Savings Account Checking Account – Direct Deposit
Free Checking
On-Line Banking
Low Bank Fees
Overdraft Protection
Debit Cards
ATM Cards
Savings Account – Direct Deposit
Interest Bearing
CD’s
Rainy Day Fund – 6 Month Salary

6. Place Value on Money Retirement Planning 401K
IRA’s ( Roth/Conventional)
Social Security
Stocks/Bonds
Insurance
Try and save 7% of your earnings until you can work your way up to 15% a year

7. Be Thankful Always Remember… Be Thankful For Your Good Fortune
Charities
Give Back to your Community
Volunteer