1. This workshop discusses the basic principles of financial responsibility and budgeting.

2. If you will live like no one else… Later you can LIVE like no one else -The Total Money Makeover 3 rd Edition

3. Keep Track of Your Fixed Expenses Fixed expenses - Costs that are the same each month/year Rent/Mortgage Car Payments Cell Phone Child Care Credit Card Payments Loan Repayments

4. Keep Track of Your Variable Expenses Variable Costs – Costs that vary from week to week or month to month Groceries Gas Utilities Eating Out Clothing

5. Keep track of occasional expenses Car repair Doctor visits Prescriptions Gifts Vacation

6. Budget… Budget… Budget Budget Planning – how to budget Budget Planning Budget Worksheet – itemize expenses Budget Worksheet Personal Finance 101 – financial resources Personal Finance 101 Living Debt Free – how to get rid of debt Living Debt Free Frugal Living – living within your means Frugal Living My Money – financial information My Money

7. Pay Bills On TimeSunMonTueWedThuFriSat 4678910 111213141617 18202223 2526272829 3

8. Be financially responsible Live within your means - even if that means changing the way you live Try to save 10% of your earnings each pay period Save “emergency money” for that inevitable rainy day Start and maintain an automatic payroll deduction plan for long-term savings

9. Be financially responsible Write a household budget and follow it Track your expenses - know what your actual expenses are Be careful with debt – particularly expensive credit card debt Pay off credit card debt as quickly as possible Know and manage your FICO (credit) score Take advantage of free credit reports every year www.annualcreditreport.com

10. Thank you for participating in this workshop. Do not forget to complete and submit an Academic Enrichment Summary. Click on the Academic Enrichment Summary link on the Workshop page and complete the survey and press submit. Your participation will be documented. Handouts available upon request.