MONEY, FINANCE AND YOU
Student: Angela Espinoza
Long term goal
Short term:
What to do:
- Save regularly
- Stick to a budget
- Keep track of your expenses
- Use the 50/30/20 technique
Be financially independent
What not to do:
- Drowning in debt
- Taking out unnecessary loans
- Live beyond your means
- Spend beyond your budget
 To begin with, I will give you some suggestions of what you should do. First, these
are:zregularly save your money as much as possible every month. I would also
recommend that you always stick to your budget trying to buy only things that you need.
On the other hand, it is important that you keep track of all your financial movements as
well as have a notion of your income and expenses. Another of my recommendations is to
use the 50/30/20 technique; this consists of spending 50% of what you earn on basic and
necessary expenses such as the rent of your house, food, electricity, or water, 30% In???
what you want; … example, to go to the movies, buy clothes or go to a restaurant and you
save 20%.
Following that, I will give you some points of what you should not do. … , these are:
You must avoid drowning in debt; also, avoid taking out unnecessary loans and in any
case, you will have it ????, try to pay them??? on time. On the other hand, do not forget
that you should not spend beyond your budget, avoid living beyond your dreams?????
Means?.
In conclusion, having good control of your money is not difficult at all; it is just a
matter of knowing how to do it and control your impulses, if these tips are followed you
can be more aware of what you spend … … … , and money will never be scarce, and I hope
that I in the future I can follow these tips and be financially stable.

Content /6 Organization /6 Grammar /5 Vocabulary /5 Mechanics /3 GRADE /25

6 5 3 4 2 20

332 words – good content!

Comments:
Good flow of ideas. Clarify some of them.

Write – read – EDIT!!!

Check grammar details.

Check vocabulary.

Check punctuation urgently.

 I think that many people have financial problems for many reasons, whether it is
irresponsibility or that they do not know how to control it. I know that it is very difficult to
know how to manage your money in a responsible and safe way, so I will give you some
recommendations about what to do and what not to do to be able to better manage your
money and be able to be financially independent.
To begin with, I will give you some suggestions of what you should do: regularly
save your money as much as possible every month, I would also recommend that you
always stick to your budget trying to buy only things that you need. On the other hand, it
is important that you keep track of all your financial movements as well as have a notion
of your income and expenses. Another of my recommendations is to use the 50/30/20
technique, this consists of spending 50% of what you earn on basic and necessary
expenses such as the rent of your house, food, electricity, or water, spend 30% of your
money on whatever you want, you can go to the cinema, buy some clothes, go to a
restaurant, and save the other 20%.
Following that, I will give you some points of what you should not do. You must
avoid drowning in debt; also avoid taking out unnecessary loans and in any case, if you
take any loan, you must pay it on time. On the other hand, do not forget that you should
not spend beyond your budget, avoid living beyond your means.
In conclusion, having good control of your money is not difficult at all, it is just a
matter of knowing how to do it and control your impulses, if these tips are followed you
can be more aware on what you are spending your money, doing this, you will never be
short of money, and I hope that in the future I can follow these tips and be financially
stable.