This is the money you have to budget

Total earnings before any deductions are taken

Rent, groceries, entertainment, bills, etc.

Items or services you pay for such as rent, groceries, entertainment, bills, etc.

Total earnings before any deductions are taken

Do NOT budget off this amount or you will be overspending because this is NOT the same as the amount that will be on your actual paycheck

Expenses that help you live more comfortably

Nice to have

Nice to have

Expenses that help you live more comfortably

Total earnings after payroll taxes and other deductions have been taken out; also called take-home pay

Items or services you pay for such as rent, groceries, entertainment, bills, etc.

Total earnings after payroll taxes and other deductions have been taken out; also called take-home pay

Expenses that are essential for you to be able to live and function

Expenses that are essential for you to be able to live and function

Essential items like housing, food, transportation

tems or services you pay for such as rent, groceries, entertainment, bills, etc.

tems or services you pay for such as rent, groceries, entertainment, bills, etc.

Expenses that help you live more comfortably

A plan of your expected income and how you will use it to meet your expected expenses over a period of time

I want to ensure I prioritize savings and know where my money goes so I am creating a budget

monthly rent payment

Any cost incurred on a regular basis

cost the same amount on a routine basis

Need, wants, saving

Amount of your paycheck you put in your savings

monthly rent payment

Gas for your car, cell phone

Any cost incurred on a regular basis

Occurs irregularly

Amount of your paycheck you put in your savings

Need, wants, saving

Car insurance, property taxes

Frustrating unpredictable expensive

Use every $ you have

Prevents you from spending extra money that you could be saving

You use envelopes to keep track of your money

Need, wants, saving

Use every $ you have

A good rule of thumb, especially when new to budgeting

ALWAYS DO THIS!!!!!!!!!!!!!!

Any cost incurred on a regular basis

Occurs irregularly

Amount of your paycheck you put in your savings

Need, wants, saving

You use envelopes to keep track of your money

Prevents you from spending extra money that you could be saving

Frustrating unpredictable expensive

Use every $ you have

Tedious but a great tool to keep you in budget

ALWAYS DO THIS!!!!!!!!!!!!!!

You use envelopes to keep track of your money

For your car, cell phone

The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare; is often used when comparing how expensive it is to live in one city versus another

A reduction in the value of an asset with the passage of time

The cost of living in big cities like Chicago, LA, Miami, and New York is going to be much higher than in Oconto

The value of your vehicle goes down each year and with additional miles that are put on it. It is important to try and save for a new car down the road.

The value of your vehicle goes down each year and with additional miles that are put on it. It is important to try and save for a new car down the road.

A reduction in the value of an asset with the passage of time

Need to sign a lease when renting an apartment

An amount of money that a renter pays when beginning to rent property (such as an apartment) and that can be used to pay for any damage that the renter causes to the property.

You will need to sign a lease when renting an apartment

An amount of money that a renter pays when beginning to rent property (such as an apartment) and that can be used to pay for any damage that the renter causes to the property.

The basic services your home, apartment, or business needs to keep it comfortable and functioning properly (e.g. water, electricity, etc.)

contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment.

Hopefully, you get this back when you move out of an apartment

The amount of money needed to sustain a certain level of living, including basic expenses such as housing, food, taxes, and healthcare; is often used when comparing how expensive it is to live in one city versus another

contract by which one party conveys land, property, services, etc. to another for a specified time, usually in return for a periodic payment.

You will need to sign a lease when renting an apartment

An amount of money that a renter pays when beginning to rent property (such as an apartment) and that can be used to pay for any damage that the renter causes to the property.

An amount of money that a renter pays when beginning to rent property (such as an apartment) and that can be used to pay for any damage that the renter causes to the property.

The basic services your home, apartment, or business needs to keep it comfortable and functioning properly (e.g. water, electricity, etc.)

The cost of living in big cities like Chicago, LA, Miami, and New York is going to be much higher than in Oconto

Hopefully, you get this back when you move out of an apartment

A general increase in prices and fall in the purchasing value of money.

The cost for one item or measurement that allows it to be easily compared to other similar products to evaluate which is a better deal

Your raise should be equivalent to inflation not to lose purchasing power

If you are not concerned about buying a particular brand you should compare unit prices and purchase the best deal.

If you are not concerned about buying a particular brand you should compare unit prices and purchase the best deal.

Your raise should be equivalent to inflation not to lose purchasing power

The cost for one item or measurement that allows it to be easily compared to other similar products to evaluate which is a better deal

A general increase in prices and fall in the purchasing value of money.