- Set a monthly savings goal (how much I want to save each month)
- Calculate the amount I need each month for "needs"
- Start tracking my purchases during the month
- Decide how much I should be spending on "wants" each month
- Find ways to save money each month (ex. pack my lunch instead of buying it)
- Talk to my family about ways to start saving now!
- Open a savings account
- Set up monthly automatic payments into my savings account
- Start saving for an emergency fund
- Talk to my family & friends about how they budget their money
Please provide a plan for accomplishing the above tasks. Your plan needs to be specific, attainable, and timely. You must also respond to one other student.