Money management Guide

Depository Institution, Taxes, Statement of Financial Position,Income and Expense Statemet Spending Plan

Depository Inst. supplies a safe storage of both cash and transaction data. The FDIC and the NCUA are both another type of security for your money. You get taxed on your income. So, The more money you make or spend the more you'll be taxed. Statement of Financial position will help you see were you are money wise in what standing you are in. Will help you also think about if u need to take on another job. Income and expense statement will help you stay organized over a long period of time. It will also help you remember where all your money is going. Spending plan is you writing out how much money you have and how much you have to spend on bills and food and then what you have left over for your leisure activities. You will want to spend your money according to your plan so you will not over spend. This is my money management guide.