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Managing Your Money: Nine Tips to Achieving Financial Wellness. 1.w Where Your Money Goes Kno. Be aware of how you are spending your money. A $5 cup of coffee five days a week costs you. $/month. Review items you spend your money on to find areas where cutting back can grow your savings account. bltadwin.ru a Budget De. your debt: your level of indebtedness will be a key factor in your ability—or inability—to reach your longer-term financial goals, such as home ownership, a dream trip, and, perhaps most importantly, a reasonably comfortable retirement. Financial Planning Before we go any further, we need to nail down a couple of key concepts. First, just. Money management review Fill in the blanks with the correct answer(s) from the list below. (1) _____ is knowing how to save, spend and invest your money so that you and your family can successfully work toward your financial goals. (2) Keeping in touch with your _____ is a lifelong exercise.
A checking account is a secure place to keep your money and helps you track your money. A checking account creates a paper trail which assists you in knowing how much money is available to spend. Prior to opening a checking account, thoroughly research to find a bank, credit union, or other type of financial. Money Management The key to successful money management is developing and following a personal financial plan. Research has shown that people with a financial plan tend to save more money, feel better about their progress, and make more appropriate decisions – no matter what their income. Moreover, a written financial plan is far. Money management review Fill in the blanks with the correct answer(s) from the list below. (1) _____ is knowing how to save, spend and invest your money so that you and your family can successfully work toward your financial goals. (2) Keeping in touch with your _____ is a lifelong exercise.
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