Michael Taylor

** you need to keep adding to your action plan until the "action plan difference" reaches zero or higher (pink box in bottom right corner)
the amount can not be negative or otherise you ill not have enough money to cover your needs!
Money that is "yours" "ousing# Most students do not have enough money right no
Savings (Bank) Account $4,000 Rent $600 to pay for all their financial needs next year
Part-time Job $300 ti!ities" $0 thus the number belo ill (probably) be a negative number!
R#$#S#P# $0 %e!ecommunications $&0
't(er $$ )ou (ave * +eat,$!ec# $0 $%&'((
't(er $$ )ou (ave - $0 't(er $0 $'&''(
+ouse,rent insurance $0
Total Money you have $%&'(( 't(er $0 )ifference $*+(
Transportation#
.ar /a)ments $0
0as $-,&00
.ar 1nsurance $*20
.ar Re/airs 3 4aint# $0
Pub!ic %ransit $0 ",amily" money
't(er $0 5our summer Job $0
-ersonal . ,inances# 6ami!) Su//ort $0
0roceries $0 6ami!) 7oans $0
$ating out $0 't(er $0
.!ot(ing $0 "/chool" money
$ntertainment 3 Recreation $0 Provincia! $8am Sc(o!ars(i/s $0
Persona! .are $0 't(er Sc(o!ars(i/s , bursaries $0
.om/uter s)stems $0 "0ank" 1 "2overnment" money
%rave! $0 Stu9ent 7oan $0
0i:ts :or ot(ers $0 't(er !oans $0
Savings $0
Pets $0 Total 3ction -lan money $(
Pa)ment o: 9ebt $0
4e9ica!,;enta! 1nsurance $0
't(er $0
4ducation#
%uition an9,or :ees $0
Books an9 su//!ies $0 $'&''(
't(er $0 $%&'((
$(
Total money you need $'&''( 3ction -lan )ifference $*+(
,olloing these steps to complete the financial plan (only put numbers into yello cells)
/tep 5# ,ind out all the money that you have right no& in your possession!
/tep 6# 7alculate all the money that you ill need for next year (this 8uly to end of next 8une)
/tep '# 9ook at the difference beteen hat you :have: and hat you :need: it ill likely be negative
/tep %# 7ome up ith an 3ction -lan to get the money you ill need to cover your needs for next year
M;<4= =;> "3?4 M;<4= =;> @A99 <44) )A,,4B4<74 (""ave" minus "<eed")
4one) )ou (ave
4one) )ou nee9 :or ne8t )ear
37TA;< -93<# Money you need to arrange for
4one) )ou nee9 :or ne8t )ear
4one) t(at )ou a!rea9) (ave
Action P!an mone) )ou arrange9