Spending step-by-step

To make your monthly income last, in what order should you pay for things? Click on each step to find out.


Step 1 - Pay your monthly bills. There are many potential penalties if you pay late, such as late fees, losing possession of things you’ve bought on credit, even being evicted from an apartment! Step 2 - Set aside the money you’ll need for your weekly and day-to-day expenses, like groceries and bus fare. Step 3 - Put money into savings. Try to build two months of take-home pay for an unexpected financial emergency. Step 4 - Set aside money for larger expenses you know are coming, such as car repairs or appliances. Step 5 - Set aside money for your major future goals whether it’s a home, college education, a new car, or travel. Step 6 - If you begin to earn more, increase the amount you save as much as you can.
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Take your money management skills to the next level by creating your own Spending Plan. Click the Next button to learn how.
What should Daneeka pay first? Spending step-by-step What is a Spending Plan? Create your own Spending Plan?