GET OUT OF DEBT
- Check 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.
FOLLOW A BUDGET
SAVE MORE MONEY
SMART GOAL STATEMENT: I will [do what] save money [how much] $1200/year [by doing what] by making a deposit in my savings account [how much]$100 [when] every month [measured by] chart [by when] by target date of twelve months from today.
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
CHART PROGRESS (pdf)
Saving Chart
SET UP FILES see also ORGANIZATIONAL GOALS
Helpful resources:
PLAN ESTATE
MAKE INVESTMENTS
LEARN MORE
Budget Money & Track Bills and Save Money & Spend Wisely at Dailyplanit
Financial Literacy at Open2Study
About managing money at www.mymoney.gov
GOAL PLANS | DEVELOPMENT CENTER
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