Tiffany Hartley Money Management October 1, 2020

Budget Report #1

1. How does the budget reflect your financial goals?

- This budget reflects my financial goals because I have moved around the money

necessary to achieve my goals. I moved $20 that I would have spent on food to

savings. I also made sure that I have at least $5 set aside for each paycheck in order to

pay a generous fast offering in November. The last goal I set is to set aside $350 from

each of my paychecks. I will receive 3 paychecks in October which will make it a

little easier to meet the goals I have set.

2. How has tracking your spending helped you complete your planned column?

- By tracking my spending I have been able to see an average of what I spend each

month. It helps me to be able to set aside the correct amount of money. It also has

helped me to see where I might be overspending.

3. What actions are you taking to intentionally control your spending?

- I have started to pay more attention to how much I spend on lunch every day. Food is

about the one thing I spend the most money on. I have looked at the menu offered in

the cafeteria at my work and found ways that I can save $2-3 for every meal. I also

learned about a punch card that they have where If you spend $3 or more on 10 meals

you get one for free.

4. What actions are you taking to intentionally clear your debts?

Tiffany Hartley Money Management October 1, 2020

- I currently don’t have any debt. I make sure that I pay off my credit card by the end of

each month and don’t spend anything unless I have the money to spend.

5. What actions are you taking to intentionally save money and/or invest?

- I have started a 401k at my job and have started contributing to that. I also try to set

aside as much of my paycheck as I can towards savings. I started budgeting a certain

amount for savings each month. I also will put any leftover money from each of the

categories into savings.