Outline for Chapter 10- KSU 1101

Outline for Chapter 10- KSU 1101 - Outline for Chapter 10...

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Outline for Chapter 10 Five steps to budget your way through college and life Identify your spending habits Understand debt Create and implement a budget Monitor and modify your budget as necessary Money and you Money is something that allows you the opportunity to dream and to plan for the future. In order to reach your financial goals, you need to spend wisely. Be wise and budget your way through college and life. Spending money and you According to the National Endowment Financial Education ( NEFE), the following statistics reveal teenagers’ spending habits: 56% consider themselves to be spenders rather than savers 94% are likely to go to their parents for financial information 49% said they put money into savings when they earn money
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13% have ever made a written plan (budget) for money Astoundingly, teenagers spent more than $155 billion in the United States in 2000 Rules for spending S Splurge within reason; moderation is key P Prepare yourself mentally; emotional spending can have a negative impact on your budget
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This note was uploaded on 06/06/2011 for the course KSU 1101 taught by Professor Buchanan during the Fall '08 term at Kennesaw.

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Outline for Chapter 10- KSU 1101 - Outline for Chapter 10...

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