BYUtv Family Rules, Fun and Finance

Talk About Your Finances

• Use powerpay.org to create a debt payment plan that works for you.

• Use the step-down principle to take a few steps down from your normal spending routine.

• To determine your revolving savings amount, take your total expenses and divide them by 12 to understand how much to save each month.

• Live within your means.

• We can be happy or unhappy on any income.

• Intentional money decisions is what affect our financial health the most.