Your Money, Your Goals - A financial empowerment toolkit for social services programs.

When your circumstances change (such as when you lose a job or get a new job, start earning more money, receive a lump sum from ...

likely to lead to higher wages on average, less chance of unemployment, and a greater chance for financial security. FIGURE 1: M ...

Tool 1: Goal setting tool This tool can help you with the goal-setting process. Why are goals important? Identifying goals helps ...

Short-term Long-term What I want to achieve for myself or my family What I want to achieve for myself or my family within six mo ...

Step 3: Figure out weekly savings target Use the chart below to figure out how much you need to save for those goals that need m ...

This tool is included in the Consumer Financial Protection Bureau’s toolkit. The CFPB has prepared this material as a resource f ...

MODULE 7: Saving for the unexpected, emergencies, and goals What is savings? Savings is money you set aside today to use in the ...

Borrowing money to cover unexpected expenses and emergencies both costs you more and uses up some of your income every month unt ...

Savings and public benefits If you are receiving public benefits, you may want to know about asset limits. Asset limits are rule ...

What is a savings plan? A savings plan is a plan that includes:  The reasons you are saving. This could include your goals, set ...

Emergency fund An emergency fund or a rainy day fund can be an important part of your savings plan. Having your own money set as ...

(^) COST TO REPLACE SPARK PLUGS ON YOUR AUTOMOBILE = $350. Emergency savings Credit card Payday loan Amount $350 $350 $350 APR^7 ...

A safe place to save Setting aside money to save can be hard and it’s important to understand the risks and the benefits of each ...

Direct deposit and savings If you receive a regular paycheck, one way to build savings is through direct deposit into a bank acc ...

These agencies collect information about how consumers manage savings and checking accounts. They do this for financial institut ...

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Tool 1: Savings plan This tool can help you make a plan to save money for your goals, expenses, and unexpected expenses and emer ...

If you answered no to any of these questions, developing a savings plan may be a great next step for you. For questions above to ...

Savings plan^13 Name _____ Date __ Savings goal Total amount needed Months to reach goal Monthly amount to save Strategies for s ...

This Tool is included in the Consumer Financial Protection Bureau’s toolkit. The CFPB has prepared this material as a resource f ...