Money Management:

Making the Transition to Independence

Use Limitations. These materials are intended for non-commercial educational and instructional use only. These materials may not be used in connection with any
sale, advertisement, endorsement or promotion of any service, product, person or business and may not be commercially published, sold or offered for sale.
Welcome

Introductions
 Objectives
 Recognize your money attitude.
 Consider your Needs and Wants.
 Understand your spending habits.
 Commit to an action plan.
 Money Attitudes
 What are your personal values?
 What are some of the things that are
important to you?
 What helps you lead a happy and
fulfilled life?
 What motivates you?
 Needs and Wants
 We all have limited finances.
 We all need to make decisions on what to
buy now, wait to buy later, and what you
don’t need.
 What is the difference between
Needs and Wants?
 Spending Habits
 Creating a Savings Habit
is hard but not impossible.
 The first step to a Savings
Habit is to know your
Spending Habits.
 Next Step
 The most important step is
to create a spending plan.
 A Spending Diary will
help you give you a sense
of where your money is
going.
 Spending Diary
 Start by writing down
everything for a week.
 Complete your diary by
writing down everything
for the month.
 Review where your
money is going.
 Review
 Recognize your money attitude.
 Consider your Needs and Wants.
 Understand your spending habits.
 Commit to an action plan.