Basic (non scary) Budgeting

What We’re Going to Chat About

• A little background• Goals• How to make a budget that works• Budget categories we all need• Budget categories we all want• Q&A

A Little Background about Moi

Step 1: Start!

Step 2: Gather Your Documents

What do you own?• Checking accounts• Saving accounts• Retirement accounts• Home equity• Car(s) without a car

loan

What do you owe?• Car loans• Student loans• Credit card debt• Mortgage

Step 3: Determine Which Financial Step Is Next

1. Create a budget and stop going into debt2. Save $1,000 - $3,000 in an emergency

fund3. Pay off all debt4. Save 3 to 6 months of expenses in an

emergency fund5. Invest 15% of household income into

retirement 6. Pay off your house early7. Build wealth and give it away!

Step 3: Start Making a Budget

• What do you earn? • What do you spend?

What We’re Chatting About

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What We’re Chatting About

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What We’re Chatting About

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What We’re Chatting About

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Questions?

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