MONEY MANAGEMENT TABLE Savings/ Investment Vehicle HISA TFSAs RRSP Used For $ Needed Non-reccuring expenses Down Payment on Home Maternity leave Vehicle Vehicle Down Payment on Home Pension Pension Plans Kate's DB Cole's DC RESP University Tuition Total Amount of Planned Monthly Savings (excluding non-reoccuring expenses) * Non-reccuring expenses include: Personal Care Gifts Travel & Vacation Car Maintenance MONEY MANAGEMENT STRATEGIES Target Date Savings Current Monthly Proposed Monthly Savings $0 Annually $0 $0 To increase their success in achieving their financial goals the Bowens should utilize the following Money Management Strategies: $0 $0 0 $0 $0 Hints: $0 0 $0 $0 $0 0 $0 $0 Any advice on banking and their bank accounts? $0 0 Any advice on banking and credit management? $0 $0 Any advice on prioritizing and automatizing their savings? $0 $0 |000 $0 $0 Should they leave money infrequently used on the checking account? If not where? $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Monthly $0 $0 * The non-reccuring expense amount is NOT included in the total amount of Planned Monthly Savings. This amount is included in lifestyle expense and is simply being set aside for when these expenses occur.