Skip to main content
All Securityplus branch locations and offices will be closed on Monday, May 30, 2022  in observance of the Memorial Day holiday.    
close X

Follow these simple steps to create and stick to a budget.

Creating a budget and saving money isn’t easy. It takes a little practice and a lot of discipline. A good way to start is to develop a savings plan.

Just follow these steps:

Step 1: Pledge to stick to your plan.

Step 2: Figure out how much money you have coming in each month. Count your income from your allowance, part-time job and any other sources.

Step 3: Work out how much you want to save. Divide the money into several different categories:

  • Everyday expenses
  • Savings for large purchases
  • Savings for the future
  • Savings for investments

Step 4: Put your plan in writing. Track how much money you have coming in and how much you spend.

Step 5: Set spending limits.

Step 6: Adjust your plan as needed.

A savings plan shows you where your money comes from, how much there is and where it goes.

Now take a look at where you spend your money. Do you overspend in several categories? By keeping track, you’ll learn about your spending habits. Then you’ll start to see ways to save.

Back to Student Resources

Join Securityplus Today

Becoming a member of our Credit Union is easy! It only takes a few minutes to apply and make the $5.00 minimum deposit to open your Share Savings account. Benefit from lower lending rates, higher dividend rates, fewer or lower fees, and more!

+MemberResources

Find a Branch or ATM