To practice the principle of 'Budget Your Money,' individuals should create an annual budget that includes savings to identify expected income and expenses, which serves as a guide for living within one's income.

Authors

• Person: Barbara O’Neill Organization: Rutgers NJAES Cooperative Extension
  Twelve Principles of Personal Financial Literacy (Rutgers NJAES)

Sources

• Twelve Principles of Personal Financial Literacy (Rutgers NJAES) njaes.rutgers.edu Barbara O’Neill · Rutgers NJAES Cooperative Extension via serper

Referenced by nodes (4)

• income concept
• expenses concept
• savings concept
• budgeting concept