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Your Spending, Your Savings, Your Future: A Beginner's Guide to Financial Readiness

Your Spending Your Savings Your Future cover page

Your Spending, Your Savings, Your Future: A Beginner’s Guide aims to help you get on track with your financial goals and make a better life for yourself and your family. Download the free PDF to get practical tips, hands-on worksheets and real-life stories from people who have been there themselves.

Your Spending

Before you can figure out how to make your financial situation better, you have to know where it stands today. Track your spending and plug any spending leaks. Your Spending, Your Savings, Your Future provides guidance and tricks to help figure out why you’re spending money in areas that aren’t in line with your priorities and to get past negative behaviors.

If previous spending has gotten you into debt, you’ll want to weigh your options. Is this something you can get out of on your own? If things are really bad, is bankruptcy a good option? Find out why debt matters, how it affects your credit report and how to successfully manage your credit moving forward.

Your Savings

In this section, we look at long-term and short-term savings. Short-term savings includes things like an emergency fund or saving for the down payment on a car. Long-term savings is generally done through investing and includes things like retirement accounts, dollar-cost averaging, funding your children’s college education and a Roth IRA hack that lets you do your short-term and long-term savings all in one place.

Your Future

Spending and savings goals aren’t likely to work out unless you have a goal. Determine what you want for yourself and your family, and then make a solid plan to get there. While obstacles will invariably pop up along the way, a good plan will help you deal with them as they arise.

Some people think finances are boring. We think your financial journey is an exciting adventure that will enable you to reach your goals. Let’s get started today with Your Spending, Your Savings, Your Future: A Beginner’s Guide.

[Any reference to a specific company, commercial product, process or service does not constitute or imply an endorsement or recommendation by National Endowment for Financial Education.]

Tus gastos, tus ahorros, tu futuro: Guía de preparación financiera para principiantes en español.