Loading presentation...

Present Remotely

Send the link below via email or IM

Copy

Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.

DeleteCancel

Make your likes visible on Facebook?

Connect your Facebook account to Prezi and let your likes appear on your timeline.
You can change this under Settings & Account at any time.

No, thanks

Budgeting

By:Chong Zhou For:Calgary Homeless Youth
by

Chong Zhou

on 28 January 2013

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Budgeting

Budgeting
What Is Budgeting?
What a Budget can do for
You
Comfort and safety
Live life the way
you
want
... and much more
Comfort of safety
Knowing your financial situation
Meeting necessities
Prevent financial crisis
Live life the way
you
want
Own what you want FAST
Adapt to changing situations
Future planning
Good budgeting is Healthy
Reduce stress
Reveal waste
Debt free
Seven Steps to Create A Budget
1.Determine your current financial situation
2. Determine your financial goals
Be realistic
Be specific
Set long term and short term goals
Prioritize goals
3. Determine your income
Use after tax monthly income
Make realistic estimate for variable income
4. Determine your expenses
Fixed expenses
Include savings for future
Variable expenses
Be specific
Be flexible
Rainy day fund
Fixed expenses are expenses that do not change from period to period.
Variable expenses are expenses that change in proportion based on consumption level.
Created by: Chong Zhou
Jon
Kristina
5.Revise your budget
Balance expenses to income
Adjust to make perfect
6. Track your expenses
Write it down
Develop a system
Make it a habit
Use cash & avoid credit
7. Evaluate your budget
Budgeting is an art
Adjust budget for special circumstances
Budgeting is Art
Budgeting is Beneficial
Budgeting is Critical
Conclusion
N
Full transcript