Bee’s Money Success Plan

Create a blog post and name it: ‘Your Name’ Money Success Plan eg. Bee’s Money Success Plan

Use Development #1: Financial Vision Board as the first image to your blog post. There should be at least two (2) images for this blog post. The second image is your choice but should relate to anything you are talking about in this post.

Development #2: Monthly Budget using the information provided by you for expenses and income answer the following questions. This must be at least two (2) paragraphs (4-5 sentences each). Please write in grammatically correct sentences.

  1. What are the benefits of tracking your income and spending habits?
  2. Did grouping your expenses help to curve some of your spending habits? Shopping, food, entertainment… (This was the categories created on the summary tab of your monthly budget)
  3. Did you use the 50/30/20 Rule as part of your budgeting for the month of February/March? If so why or why not?
  4. What are your wants and needs now that you have a better understanding of your income?
  5. What are your financial priorities moving forward? Please touch on the following topics: savings, retirement, investments, and/or small business.
  6. What changes (income/expenses) will you make after reviewing your monthly budget? Please use the numbers from the monthly budget to justify this answer.

Development #3: Tic Tac Toe Banking Basics. There are several banking issues, methods that you learned about in this unit. Summarize what you learned on the 3 of the topics you choose and how it will impact your decisions for your future finances. This must be at least one (1) paragraph (4-5 sentences).

Conclusion

What will be you plan about your finances moving forward. This should include funding for college, needs, and wants. How do you plan to achieve your financial goals? Will you use the monthly budget provided to you, go with your banks monthly budget form, or decide to go with an app to help keep track of your income and expenses?

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