What is a spending plan

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How you spend money

(Benefits of spending plans) a spending plan can help you control

For regular expenses and for unexpected expenses

(Benefits of spending plans) a spending plan can help you prepare

Aside money for saving goals

(Benefits of spending plans) a spending plan can help you put

Stress and increase confidence

(Benefits of spending plans) a spending plan can help you reduce

Spending habits are unidentified

(Consequences of not using a spending plan) Bad

Savings plan

(Consequences of not using a spending plan) lack of

For emergencies

(Consequences of not using a spending plan) unprepared

Review Financial progress and revise budget amounts

(How do I make a spending plan) Review

To what you spent

(How do I make a spending plan) Compare your budget

Financial situation (needs, values, life situation)

(How do I make a spending plan) asses your personal

for fixed and variable expenses based on projected income

(How do I make a spending plan) create a budget

Spending (saving, investing) patterns

(How do I make a spending plan) monitor current

Personal and financial goals

(How do I make a spending plan) set

Budget

(What is a spending plan) A spending plan is also called a __________.

Spending prior to creating a budget

(What is a spending plan) Recommended to track

A tool used to record and track projected and actual income and expenses over a period of time.(What is a spending plan) Spending plan

(What is a spending plan) Spending plan

Road maps that help people reach financial goals

(What is a spending plan) Spending plans are simply

Difficult to establish but take time and commitment

(What is a spending plan)Spending plans are not

Flexible to change with various life stages

(What is a spending plan)Your spending plan needs to be

Relationships, stress

Relationships, stress(Consequences of not using a spending plan) strained


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