
Budgeting: Creating a Spending Plan
|
The first step in securing a healthy financial future is to create a simple spending plan.
This can be done by monitoring your total monthly income and assessing how much must be used on necessary expenses. Once you allocate a dollar figure to be used for life’s necessities, you’ll begin understanding how much you can afford to put toward elective spending.
The following resources and tools contain valuable information and can help you begin budgeting and creating your own spending plan:
General Resources
Ohio State University Extension
- Ohio Saves Campaign – America Saves
U.S. Federal Trade Commission
U.S. Consumer Financial Protection Bureau
Tools and Worksheets
Ohio State University Extension
OhioMeansJobs
U.S. Federal Trade Commission
U.S. Consumer Financial Protection Bureau
Microsoft Excel