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YOUR GUIDE TO MONEY MANAGEMENT: BUDGETING, DEBT MANAGEMENT AND STARTING YOUR FINANCIAL PLAN In some ways, building a financial plan is a lot like building a house; you need to start with a solid foundation.
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Budgeting debt management is the process of creating a plan to track and manage your debt, expenses, and income.
Anyone who has debts and wants to better manage their finances can benefit from budgeting debt management.
To fill out budgeting debt management, you need to list all your debts, expenses, and income, then create a plan to pay off debts and manage expenses.
The purpose of budgeting debt management is to help individuals track their finances, prioritize debt repayment, and achieve financial goals.
Information such as total debt amount, monthly expenses, income sources, and debt repayment plan must be reported on budgeting debt management.
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