| People that make a habit of managing personal | | | | All of this money can be saved in a savings account |
| finances by using money tips are those that have | | | | and be used later to manage personal finances by |
| more money left in the budget at the end of the | | | | increasing the amount of monthly payments. The |
| month. Money tips can come from magazine articles, | | | | overall appearance of managing personal finances well |
| financial planners, and family friends. Some money tips | | | | will cause a trickle effect to occur. People will feel |
| will be overheard while at work. Some of those tips | | | | good about themselves and appearances will improve. |
| will spell out exactly how people can save money on | | | | With more money in hand, many people upgrade the |
| things they need for the home, car and personal | | | | car they drive to work for a model that is new and |
| financing projects that ensure they have enough | | | | includes free oil changes and an unlimited warranty on |
| money to retire on when that time finally arrives. | | | | car parts for at least four years. |
| To be able to manage personal finances to where | | | | People will then have more interest in managing |
| financial benefits are obtained from the process, | | | | personal finances right because every financial |
| some people must go to college and take courses in | | | | decision that is made seems to have a dramatic |
| finance. These courses might teach people to | | | | effect on the amount of cash they can keep on |
| manage finances through the use of spreadsheets | | | | hand. People start managing personal finances by |
| and others will help them balance expenditures that | | | | lowering the number of bills to be paid each month. |
| were made in a checking account. While these are | | | | As each bill is paid off, the money for that bill is |
| financial tools, they are also tools used in everyday | | | | transferred to another on the list. Paying bills on time |
| situations where money exchanges hands. Managing | | | | will become a orchestrated event that is looked |
| how that money changes hands and at what price is | | | | forward to every month instead of a task that used |
| what allows people to keep more of that money in | | | | to be avoided until the last day of the month. |
| their pocket. | | | | The information on finances gained while attending |
| People can find other things to spend money on that | | | | college might help people find a new career. People |
| used to pay for late fees and over credit limit fees | | | | that have a firm grasp on managing personal finances |
| charged by credit card companies each month. People | | | | can find work helping other people whose personal |
| will learn that managing personal finances responsibly | | | | finances need improvements made. Using the financial |
| will have a positive effect on the credit rating | | | | leadership skills learned in a classroom environment, |
| awarded by the three credit reporting agencies. By | | | | financial planners can help guide people to improving |
| learning how to manage personal finances smarter, | | | | their financial outlook and eventually this effort will |
| people learn how to search for credit cards that | | | | teach them to manage personal finances more |
| charge no annual fees and banking institutions that do | | | | responsibly. |
| not charge for checking accounts. | | | | |