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

Tool 1: Cash flow budget Building a cash flow budget is important because when it comes to money, timing matters. It can help yo ...

Here are some important tips: Beginning balance for the week Your beginning balance for each week is the ending balance from t ...

Total sources of cash and other financial resources Add your beginning balance for the week to the other income you get that w ...

Total uses of cash and other financial resources Add all of your expenses and other uses of cash (savings and debt repayment) ...

Subtract your total uses of cash and other financial resources from your total sources of cash and other financial resources T ...

Cash flow budget worksheet Week 1 Week 2 Week 3 Week 4 Week 5 Beginning balance for the week Sources of cash & other financi ...

Other debt Other payments Savings: emergency fund Savings: goals Savings: children's education Savings: retirement Rent or mortg ...

Groceries Eating out (meals and beverage) Car payment Gas for car Car maintenance Health insurance Health care deductibles and c ...

Be sure to use tools you may have completed in other modules to build your cash flow. Look at Module 6: Setting goals , Module 7 ...

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Tool 2: Cash flow calendar A cash flow approach to managing your money involves paying attention to the timing of your sources a ...

__, 20__ Sun. Mon. Tues. Wed. Thurs. Fri. Sat. End of Week __ __ __ __ __ __ __ Beginning bal.: _________ + Total sources: _____ ...

This Tool may ask you to provide sensitive personal and financial information. The CFPB does not collect any information from yo ...

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Tool 3: Improving cash flow checklist If you created a cash flow using the spreadsheet or the calendar, you may find that some w ...

if option for you Strategy for improving cash flow Tips and more information Notes Smooth out cash flow Negotiate new due dates ...

(^) Seek credit counseling or If you have many debts and good explore debt consolidation. credit, consider credit counseling exp ...

Cut out spending Review television, internet, Check with your provider about phone, and cell phone plans. bundling and lower cos ...

Access community resources for some living expenses. See if you qualify for community food programs, clothing closets, transport ...

Resources For MyMoney.gov budgeting resources, visit: http://www.mymoney.gov/Fast/Pages/Results.aspx?k=Budgeting%20worksheets&am ...