The following excerpts and links are from http://financialliteracymonth.com/
Make Your Money Count - Income Worksheet Form
To develop an accurate picture of the amount of money you
will have in the future, take a look back.
Decide if your income will be from the same or from different sources
and the amount of income you can expect to earn in the future. Use the Income Worksheet Form to help you determine
the amount of income you can realistically count on.
Assess your financial situation
Start your journey with a self assessment designed to
motivate you. Completing this simple quiz can help you assess your current
financial situation.
http://financialliteracymonth.com/30Steps/Step2.aspx
http://financialliteracymonth.com/30Steps/Step2.aspx
Set your priorities
Creating a list of needs and wants can help you establish
your financial priorities. Provided below are some items that might be useful in
getting you started. There are also some blank items to record your family’s
needs and wants. Check whether the item is a “need” or “want.” Then, rank the item’s priority based on
importance. When you are finished, put this worksheet in a safe place, it will
be very helpful when setting financial goals!
Set short-, mid-, and long-term goals
Personal financial goals will differ in the length of time
needed to achieve them. Short-term goals are priorities that can be
accomplished within two years. Be sure every goal has a specific purpose, a
dollar amount that it will cost, and a realistic target date.
Mid-term goals are priorities that can be accomplished
within two to five years. Make sure your goals are realistic and flexible. If
you set your goals too high, frustration will keep you from reaching them. Long-term
financial goals are priorities that may take more than five years to
accomplish. Most long-term goals require regular savings.
Here are some lessons from Learning.com if you are looking for ideas:
Kindergarten
- Needs
and Wants
Grade 1 - Spend,
Save, Share
Grade 2 – Rainy
Day Savings
Grade 3 – Stand
by your Plan
Grade 4 – Be
Money Smart
Grade 5 – Decisions,
Decisions!
Grade 6 – Take
some Credit
Grade 7 – Philanthropy
101
Grade 8 – Building
a Balanced Budget
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