Skill 4: Manage Your Money

Managing Your Money is defined as making sure you are not spending more money than you are earning and that you are able to pay your debts.

Game Changers:

  • Make a budget for yourself each month including entertainment, clothes, food, transportation, etc.
  • Learn how to balance a checkbook.
  • Put away 10% of every paycheck or allowance for your own personal savings.
  • Use a computer-based tool such as Microsoft Money or Quicken for your own finances.