Basic rules for budgeting and money management include: (1) Assess your financial situation by determining living expenses, periodic expenses, and monthly debt payments, then comparing these to your monthly net income; (2) Develop a realistic plan by creating a worksheet to document monthly expenses and recording spending habits.

Authors

• Person: Not available Organization: Bethune-Cookman University
  Personal Finance and Debt Management

Sources

• Personal Finance and Debt Management www.cookman.edu Bethune-Cookman University via serper

Referenced by nodes (3)

• financial management concept
• spending habits concept
• budgeting concept