GO PARTY ON DEMAND INCORPORATED 501(C)3 NON PROFIT ORGANIZATION REGISTERED PUBLIC CHARITY
"Road to Prosperity"
"Road to Prosperity"
An ongoing series of informational financial tips
An ongoing series of informational financial tips
​T​he difference between a career and a job
​T​he difference between a career and a job
CAREER: A profession for which one trains and
is undertaken as a permanent calling.
JOB: A paid position of regular employment.
Record your spending
Record your spending
How are you spending your money?
List all spending habits, entertainment, travel plans, holidays, special occasions, hobbies, etc.
Household Expenses
Household Expenses
List all household expenses, including transportation, food, internet, utility bills, insurance, medical and healthcare needs
Debt Determination
Debt Determination
Review your list of household expenses and compare to the,
"record your spending list"
Determine what is NOT a necessity
Penny Pinching
Penny Pinching
Begin to make cuts from the
NOT a necessity items on your
expenses list
Debt to Income Review
Debt to Income Review
After determining your debt and making penny pinching cuts.
Compare your overall debt to your monthly income.
You have completed the first step in BUDGETING
Dispute Credit Items
Dispute Credit Items
Evaluate Credit Utilization
Evaluate Credit Utilization
CC usage should be under 30% for all credit card accounts
Credit Repair
Credit Repair
Credit Card Payoff
Credit Card Payoff
Pay off highest credit card debts first
Don't save cc info online
Don't save cc info online
CC usage should be under 30% for all credit card accounts
6 Month Credit Report Check
6 Month Credit Report Check
Savings
Savings
Pay off highest credit card debts first
have accountability partner
have accountability partner
CC usage should be under 30% for all credit card accounts
unsubscribe from promotional emails
unsubscribe from promotional emails
Set Goal
Set Goal
Set an amount to be saved, date to meet goal, purpose for savings....name each
Create monthly savings plan
Create monthly savings plan
Determine how much can be saved monthly.
Have written plan for short and long term goals
Hawthorne Method
Hawthorne Method
Auto Contribute to savings
Auto Contribute to savings
Set up auto deduction from paycheck
Don't connect checking to savings
Don't connect checking to savings
Determine how much can be saved monthly
Review savings
Review savings
Have 3 to 6 months of living expenses in saving
Avoid late fees
Avoid late fees
Set up recurring bill pay options for all household expenses, to avoid being late or making partial payments
Determine how much can be saved monthly
Have 3 to 6 months of living expenses in saving