budgeting

1. A N D R E W W H I T E
W R D
Importance of Budgeting

2. Budgeting
 Helps you understand where your money is going
 Lowers risk of debt
 Allows you to become a more organized individual

3. Money
 One of the hard things about budgeting money is
that there is an endless amount of things you could
spend it on
 You must use self-control

4. Budgeting
 “To live within ones financial means.”
 Budgeting is meant to help/ protect you from
financial struggle
 It is also meant to help you get out of financial
struggles

5. Debt
 Budgeting while in debt becomes very tricky
 At this point, you must live “below your means”
 Spending less than you make

6.  An individuals lifestyle choices also change how a
person budgets
 People who save vs. people that don’t

7. Budgeting

8. Budgeting
 Being in debt makes it even harder to implement a
budget
 It is best to get started early

9. To Get Started
 Create a Graph
 Make categories
 Keep track of every penny
 Find out where your $ is going

10. Budgeting Graph

11. Budgeting
 Every penny must be tracked in order to budget
properly
 Keep all receipts’
 The money that slips away is the money that usually
leaves you wondering
 Water bottles
 Gas station stacks

12. Tracking Pennies and Saving Receipts

13. Receipt Pic

14. Budgeting
 Once you realize all the unnecessary items you spend
money on, you can eliminate them

15. Budgeting

16. Budgeting
 Set aside all the money you will need for necessities
during the month, so you know exactly how much
money you will have extra to spend

17. Works Cited
 www.bing.com/images/search?q=watwr
+bottle&FORM=HDRSC2#view=detail&id=1089CC
F878FF61A71E3B48A0DABE1FFFB0F6084E&select
edIndex=6
 http://www.bing.com/images/search?
q=pennies&FORM=HDRSC
 http://www.bing.com/images/search?q=a
+budget&FORM=HDRSC2
 www.learnvest.com/knowledge-center/your-
unltimate-budgeting-guidline-the502030-rule/

18. Works Cited
 www.fineweb.com/financial-planning/the-
importance-of-budgeting