ABCs of Smart Money Management

Start with a Plan
Think about your needs and goals for the future. Since you may have unlimited wants but limited money to spend, a financial plan would help you to figure out what is important and what is not. Sticking to your plan will help you get the results you want.

Save Before You Spend
Saving is easier when you pay yourself first. Set aside the same amount of money on a regular basis (for example, 10%) before you start spending. Keep track of your spending in a money diary – you’ll be able to see how much money you have coming in, how much money you spend, where it all goes, and how much money you save each week or each month.

Save Before You Spend
Saving is easier when you pay yourself first. Set aside the same amount of money on a regular basis (for example, 10%) before you start spending. Keep track of your spending in a money diary – you’ll be able to see how much money you have coming in, how much money you spend, where it all goes, and how much money you save each week or each month.

Last Update: April 2, 2020
April 2, 2020 306 fscadminFor Investors
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