How to Budget your money

By: Myranda , Tran , Zack

How to Start Budgeting

Save money by opening a bank account

Put money in your account each week

Track spending Set financial goals Make a list of expenses

Spending money correctly

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

Should I or should I not?

Think first before spendingo 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 Shopping at the grocery store

o Buy only what you needo limit on how much you spend o buy enough for at least 1-2 weeks

Shopping for Clothes o shop only once for each seasono create a limit

Shopping for Holidays o Budgeto Be willing to cut back

Cited http://

www.business2community.com/strategy/you-gotta-spend-money-to-make-money-why-expansion-stage-companies-should-hire-the-more-expensive-candidate-0221095

http://www.moneymanagement.org/Budgeting-Tools/Credit-Articles/Money-and-Budgeting/Five-Things-You-Need-to-Know-About-Money-and-Personal-Budgeting.aspx

http://www.wikihow.com/Spend-Money-Wisely