Money Management Planner
The Money Management Planner is a guide to
help you take control of your finances. With it,
you will be able to determine your net worth,
set goals, monitor your cash flow, and track
expenses. A sound spending and savings plan
is the foundation for your long-term financial
success.
Examine your past finances to create a plan for
all future spending and savings. In other words, a
review of your expenses and spending habits will
enable you to design a realistic monthly budget.
Be prepared to make some changes, though, if
those habits have kept you from achieving your
financial goals.
If your expenses exceed your income, call CCCS-SF to schedule a money management session. One of our
professional counselors can help you design a realistic spending and savings plan that will help you get back on
track and achieve your financial goals
Consumer Credit Counseling Service of San Francisco
595 Market Street, 15th Floor, San Francisco, CA 94105
800.777.7526 415.788.0288 www.cccssf.org
COPYRIGHT © 2007 CCCS OF SAN FRANCISCOFinancial Goals
Your financial goals are specific things you want to do with your money within a certain time period. Short-range goals
are accomplished within one year, mid-range goals are accomplished within two to five years and long-range goals
generally take more than five years to achieve.
Net Worth
In order to evaluate your progress as you work toward your goals, you must determine what your overall financial pic-
ture looks like today. Your net worth is simply the difference between what you own and what you owe. To make sure
you are staying on track, it’s a good idea to calculate your assets and liabilities annually. If you conscientiously follow
your plan, you should see a gradual, steady increase in your net worth.
To figure your net worth, subtract the total owed from the total owned:
Target DateTotal NeededCurrentSavingsAdditionalSavings NeededPay Periods Until Target DateSavings Needed Per Pay PeriodSavings NeededPer MonthS