Create and Design Instructions
Developing a personal financial plan demonstrates your ability to use money management skills and
strategies that will ensure a lifetime of financial success. In Chapter 1 you started the first step in
developing your financial plan by creating three short-, medium-, and long-term financial goals.
The next step in developing a personal financial plan is to understand where you are today financially by
assessing your current spending habits. Review the sample spending log and then complete the
spending log table below to determine how much money you spend each week.