By Stephanie Vargas & Beatriz Rivera
an itemized estimate of income and
expenditure for a set period of time
Bad
Good
Income Information
 Take-home pay
 Freelancing (Average)
 Trust Fund
 Work-at-home projects (Average)
Essential Spending
 Rent or mortgage (Fixed)
 Utility bills (Fixed)
 Food you buy at the grocery store (Flex)
 premium
cable services
 pay-per-view
 cell
movies
phone service
Give yourself a fixed amount that you can
spend per week and DO NOT EXCEED
https://www.youtube.com/watch?v=XoPeI
M4Ywhs&feature=youtu.be
Food
Telephone
Housing
Vehicle/Health Insurance
Text Books
Tuition
Clothing
Entertainment
Traveling
Use cash instead of debit card. You think
twice about spending that money once you
have it in your hand.
Mistake #1: Forgetting to write down expenses
Mistake #2: Intentionally not writing down
purchases
Mistake #3: Buying on impulse
Mistake #4: Becoming the victim of budget
busters
Mistake #5: Being so frugal it makes you
miserable
Mistake #6: Ignoring the time value of money
#1 thing to keep in mind…Keep trying! You
will never master this if you give up.
way
Ally Bank
 Capital 360
 Barclay
 Discover (minimum deposit of $500)

Well you should!
Here is why…
 Fact:
You start early, you will be financially
independent by the time you retire!!
 Your
money grows at an accelerated rate
with hardly any extra work on your end.
 That’s
FREE MONEY that will earn interest!
Discount brokerage firms like:
 Scottrade
 E-trade
 Ameritrade
 Rich
dad poor dad
 Multiple sources of income
 Download Finance tracking Apps
like Mint
 Look into LearnVest
 Learn about investments through
independent brokerage firms like
e-trade

Choose either Tuition deduction or one of
the education tax credit

Student loan interest deduction

You can itemize your deductions

You can also deduct mileage,
entertainment and dining (up to 50%)
If you have any questions
Email
Stephanie [email protected]
Or
Beatriz [email protected]
Phone (818) 364-7600 Ext. 4161