As Fatimata learned, managing your money wisely is the best way to make sure you and your family have financial security.  Money management is also extremely important if you own a business.  All business owners need to understand how money comes in and goes out of their business-if you ignore budgeting details, your business might not be successful.  There are many similarities between budgeting for yourself and budgeting for your business.  When you understand the basics of money management for yourself, you will be more prepared to set up a budget for your business.

This section will give you tips on how to manage your money.  You will learn how to:

• Set measurable financial goals and establish plans to achieve them using money management worksheets;
• Develop a realistic spending plan; and
• Create strategies to trim expenses and save money.