NOT to spend money you do not have
always be prepared for
identify bad SPENDING HABITS
have a sense of
SECURITY
DISCIPLINE yourself
be able to SAVE
Note down all of your sources of INCOME
Segregate your monthly EXPENSES
MONTHLY EXPENSES
essentials
MONTHLY EXPENSES
essentials extras
ESSENTIALS
fixed expenses
do not change
rent
mortgage
electricity bills
water b
ills
cre
dit c
ard
b
ills
em
ergency fund
EXTRAS
variable expenses
continually change
grocery purchases
personal entertainment
ta
ke
-o
ut fo
od
KEEP TRACK
of expenditures with receipts & invoices
Let’s BEGIN!
total income
total expenses
Let’s BEGIN!
NEGATIVE?
Look at areas where you need to cut down, or remove completely.
POSITIVE?
Great! Focus on debt repayment prior to savings in order to clear out unwanted
clutter in your budget.
DISCIPLINE
& follow through
long-term benefit EMOTIONALLY, PHYSICALLY & SPIRITUALLY
Happy Budgeting!
Happy Budgeting!
Share knowledge
with friends!
Read more on PrioBlog: http://www.priotime.com/creating-a-budget-you-can-stick-with/
Set your major goals in life, make them actionable &
follow through
Get the most out of Life!
