Transcript Expense #4 (Due Date)

What Every Woman Should
Know About Personal Finances:
How to Build A Budget
Presented by: Jenny Kerr
Of The Jenny Pincher, LLC
Agenda:
1. Introduction
2. Building a Household Budget
3. Tips on Cutting Monthly Expenses
4. Conclusion
5. Q&A
Budget
Income
Expenses
Dates – Due & Pay
Emergencies
Wants
Income
Expenses
What we think
we need
Little Things
Dates
Debts
Credit Cards
Determine Income From All Sources
•Paycheck
•Assistance
•Odd jobs
Determine Pay Frequency
•Weekly
•Bi-weekly
•1st & 15th
•Monthly
Determine Expenses & Due Date
Track Expenses for at least 1 week
•Rent
•Utilities
•Food
•Child Care
•“Misc” expenses we forget about
*Ideal if expenses can be tracked for 1
month
Monthly Income
Expense #1
Expense #2
Expense #3
Expense #4
Total (+/-)
(Due Date)
(Due Date)
(Due Date)
(Due Date)
Pay Date
Bill Due
Bill Due
Bill Due
Bill Due
Pay Date
Bill Due
Pay Date: June 10th
Pay Date: June 24th
Amount: $500
Amount: $500
Bill #1 Due June 11th
Bill #2 Due June 15th
Bill #3 Due June 23rd
Fixed Expenses
Spending Cash (6/10-6/23)
Gas
Variable Expenses
Eating Out
Hobbies
Total:
Bill #1 Due June 25th
Bill #2 Due June 28th
Bill #2 Due July 5th
Spending Cash (6/24-6/9)
Gas
Eating Out
Hobbies
Total:
Ideally your expenses should be less than your income!
Ways to “find” money in your budget
•Limit Eating Out
•Take Your Lunch to Work
•Cut back (or cut out) trips to the gas station
•Stop the “it’s only $x.xx” spending
•Go to the beauty school for haircuts
•Use Coupons or simply watch the sale ads
•Go on Budget Billing
•Have a yardsale
•Rent movies instead of going to the movies
Budget Bootcamp: A Common Cents Approach to
Personal Finance & Money Management for
Women
Visit: http://onlinepersonalfinanceforwomen.com
BONUS for NAWR Members:
•2- Free 30 minute coaching sessions for anyone who
purchases my Budget Bootcamp after this teleseminar.
($150 value)
•Just email me after your purchase to let me know you are
interested in the coaching sessions and I will email you the
prep form.
Resources
The resources that can be found on
http://thejennypincher.com/NAWR/
• This PowerPoint presentation
•Budget worksheet – Helps narrow down “forgotten” budget
categories
•Tips on Creating a Budget
•Tips for Cutting Monthly Expenses
•20 Free Online Finance Courses – A list of 20 online college courses
you can take for free on various economics, investing & personal
finance
•Personal Finance Tutorials – Another free extensive list with tons of
information on personal finance
•Bonus Materials
Contact Me:
Jenny Kerr
636-578-7220
http://thejennypincher.com
[email protected]