Camryn Copeland, 3rd

S.M.A.R.T goals

• Goals that are specific, measureable, achieveable, relavant, and time-bound.

• Goals that are specific, measureable, already achieved, required, and time consuming.

• Goals that are special, meaningful, achieved, required, and time-bound.

• Goals that are special, meaningful, academic, relavant, and time consuming

Pay yourself first

• Budgetting method where you save money before spending it

• Budgetting method where you spend money and then save it

• Budgetting method where you give youself money and spend the rest

• Budgetting method of putting your expenses in different categories

50-30-20 method

• 50% wants, 30% essentials, and 20% saving every paycheck

• 50% saving, 30% essentials, and 20% saving every paycheck

• 50% essentials, 30% wants, and 20% saving every paycheck

• 50% saving, 30% wants, and 20% essentials every paycheck

The buckets/ envelope method

• dividing all expenses to spend more money

• putting money in buckets randomly for every paycheck

• Putting money in envelopes randomly every paycheck

• Dividing your budget into categories or envelopes in order to save money

Emergency Fund

• Health insurance

• A cash reserve set aside for emergencies only

• Asking for funding from family when emergency happens

• Life insurance

Savings Account

• Account where you can set money aside and it will gain interest

• Account set aside for how much you can spend every paycheck

• Emergency Fund

• Checking account

Checking account

• Savings account

• Account where you can set aside money for emergencies

• Account for something specific

• A current account at a bank used for expenses/ spending

Needs

• Essentials for living

• Something you desire

• Iphones, laptops, etc

• Something you want to work extra to have

Wants

• Something you need but can't afford

• Something esssential for everyday living

• Something you desire to have, but is not essential for living

• BIlls

Budget

• Spending as much money as you want anytime

• Setting a certain limit that you can spend out of every paycheck

• 50-30-20 method

• Putting your whole paycheck into a savings account