Monday, November 23, 2009

11/23 -Monday's Blog

Know your income & Expenses:
-Count all your money
-Know what it's being used on
-Know what you spend for and how much

Budgeting for Success:
-Choose time frame of budget
-Proactive budget: Know your expenses and make sure it doesn't pass your income
-Reactive Budget: Look over what you have spent and earned
-Know your debt and income

Financial aid
-Scholarships
-Grants
-Loans

Checking & Saving Account:
-Checking allows you to pay right away with checks or debit card
-Saving allows you to save and limit your withdrawals

For Good Credit:
-Know the cost of using a credit card
-Pay monthly balance
-Use only for emergencies

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