Presentation gives a Three step approach to savings and budgeting.

1. Mastering your Savings PlanThree step approach

2. Three step approach… Understanding Keeping Finding

3. Understanding

4. Understand well established facts… Understand the sooner you start saving, the easier it will be to reach your goals. Compounding is when your money makes money, and then that money makes money, and on and on.

5. Understand Early Saving $ 100/ Month $ 450,478 43 Years $ 255,824 No contributions 10 Years $194,654 no contributions 33 Years Age 22 Age 32 Age 65

6. Understand Net Worth Assets Liabilities Net Worth

7. FINDING

8. WHERE DO I LOOK? Total Monthly Income (Committed savings) (Expenses) (Discretionary cash flow) This is how much more you can invest every month !

9. SMART MONEY TIPS Pay yourself first Contribute regularly to your 401(k) plan Sign up for Automatic Savings Plan. Pay off your High Interest Credit Cards Budget for Unexpected Expenses Set up an Emergency Fund Cash reserve equal to three to six months of your take home pay.

10. KEEPING

11. SAVINGS V/S INVESTING Savings Help you meet Short Term needs. Setting money aside Savings Accounts Money Market Account Investing Helps you meet Long Term goals Assets with potential for future growth Stocks & Bonds Mutual funds, Real Estate Both have place in your Personal Financial Plan

12. Thank you