1. Sponsored By:
Connecting Your Community (CYC)

2. A budget shows
•Where your money is coming from
• How much is there
•Where it is all going.

3. 1. Gather every financial statement you can.
2. Record all of your sources of income
3. Create a list of monthly expenses

4. Fixed Expenses
Fixed expenses are those that stay relatively the
same each month and are required parts of
your way of living. (i.e. Rent, car note, cable,
internet etc.)
Variable Expenses
Variable expenses are the type that will change
from month to month and include items such as
groceries, gasoline, entertainment, eating out

5. If your end result shows more income than expenses you
are off to a good start.
You can prioritize this excess to areas of your budget
such as retirement savings or paying more on credit
cards to eliminate that debt faster.
If you are showing a higher expense column than income
it means some changes will have to be made..

6. Review your budget on a monthly basis
Start a savings program and make it automatic
Maintain good credit

7. Never give your login name or password to anyone

11. Save you money
No more money orders
No more postage stamp
Save you time
No more trips to buy money orders
No more trips to the post office