Print this Page

Use your plan as a guide and record your actual expenditures


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Your job is not done when you have set up a spending plan. You then need to keep track of your financial activities and spending so that you can see how well your plan is working and to keep from spending money in unplanned ways.

The following resources may assist you in using your plan as a guide to record your actual expenditures:

Tracking Your Spending

Cash-flow Planning for Families

The “Bucket” Approach to Controlling Spending

How To Make a Budget


Getting Out on Your Own Tasks

1. Finding housing
2. Building credit access and usage
3. Reaching financial goals
4. Setting up a spending plan
5. Getting properly insured

Setting up a spending plan Subtasks

1. Track your expenditures and income
2. Decide how much money to spend on each category of expenditures
3. Use your plan as a guide and record your actual expenditures
4. Compare your planned and actual expenditures and make adjustments for the following month

Permanent link to this article: http://napfafoundation.org/financial-help/getting-out-on-your-own-2/setting-up-a-spending-plan/use-your-plan-as-a-guide-and-record-your-actual-expenditures/