Money Matters:

Taking control

What do these celebrities have in common?

MC Hammer Kim Basinger

Toni Braxton

Mike Tyson

Kerry Katona

Marvin Gaye

Michael Jackson

Why do people overspend?

•Needs: Things we need to survive, to keep us warm, to maintain shelter etc.

•Wants: Things we want right now.

•Aspirations: Things we’re hoping for in the future.

How should they spend theirs?

Part-time job: £140Bursary payment: £30Monthly Total: £170

NB: College pay for travel.Rent to parents is a fixed

payment.

How will you spend yours?

http://htmltools.moneymadeclear.org.uk/moneystretcher-calculator/index.aspx

Cut back calculator:

http://htmltools.moneymadeclear.org.uk/cutback-calculator/

Visit here for loads of money saving tips:

http://www.moneysavingexpert.com/

Money stretcher calculator: