10
Money Management
A portion of your
money is yours:
You will always have
debts that you need
to pay.
Like rent, car, or insurance.
Budget (NECESSARY EXPENDITURE):
Things that are necessary to your survival.
Like food, a home, basic clothes.
Budget (Pleasure):
Things that aren't necessary for your survival but are still nice to have.
Like a library card, money for parties, money for restaurants.
Make your money work for you:
Investing money
with an
expectation of
obtaining an
additional
income or profit.
Like investing in a good company.