Goal Plans

see also resources at Financial Development Center

GET OUT OF DEBT

Check your credit report

Review all debts: how much is owed, finance charges

Choose either the smallest debt or the one with highest finance charges

Reduce excess expenses (examples: take lunch to work, make cost-effective dinners rather than eating out, drink water rather than pop or coffee, etc)

Consider a temporary additional job to bring in more income

Apply as much money as you can toward paying off debt

SMART GOAL STATEMENT: [I will do what] get out of debt [by doing what] paying off VISA card first with [how much]$100 [when] every month [measured by] until complete [by when] by target date of six months from today.

SAVE MORE MONEY

Make and follow a budget

Have a bill paying system

Decide on a regular amount to save each month

Deposit that amount into a savings account

Think carefully before making any purchase

BUY A ...(HOUSE, CAR, ETC.)

Research for the best deals

Know the amount you are likely to need

Save money each month toward your goal