1. Resource Choices and Budget Tips

2. What are some of the resource choices you will need to make in the future?

3. How do you make the most of these resources?

4. Why Resource Choices are so important:
1. DEPENDENCY OR SELF- SUFFICIENCY: How you spend your time and money will determine your level of independence. Financial autonomy means you can make your own decisions, and be the boss of your own life as an adult without being dependent on others.

5. 2. CONTROLLED BY OTHERS OR PERSONAL POWER: The way you spend your time and money can determine how much personal power you will have. This includes the power to make your own choices, follow your own direction and create your own opportunities.

6. 3. LIFESTYLE: Your resource choices will determine your lifestyle
3. LIFESTYLE: Your resource choices will determine your lifestyle. Do you want to get married, have children, travel, live in a large home, or start a business, just to name a few. Financial independence means more options.

7. 4. RELATIONSHIPS: What can be more important than that
4. RELATIONSHIPS: What can be more important than that? Relationships can be a meaningful resource and being overly focused on money can hurt your relationships. It is up to you to balance your resources.

8. 5. SUCCESS AND HAPPINESS: It is up to you to determine what success means to you and to spend your resources accordingly. You will find happiness as you make resource choices that align with your values.

9. Budget Tips
BUDGET — A plan for spending and saving your money. It will help you make your money work for you.
TIPS:
Keep track of everything that you spend for three months to set a realistic budget.
Pay yourself first. Save 10% of your income.

10. Housing should not exceed 35% of your net income (rent/mortgage 25%, utilities 10%
Carefully plan your spending to live on what you earn (net income minus expenses/saving).
Before spending, always ask yourself, is this a want or a need? Your values will influence your spending.
Avoid going into debt.