Step 10

Set your priorities

Creating a list of needs and wants can help you establish your financial priorities.

Provided below are some items that might be useful in getting you started.  There are also some blank items to record your family’s needs and wants.  Check whether the item is a “need” or “want.”  Then, rank the item’s priority based on important.  When finished, put this worksheet in a safe place, it will be very helpful when setting financial goals!

Take The Next Step

Financial priorities worksheet

Need or Want? Rank (1,2, or 3) Priority
Paying off unsecured debt
Paying all secured debt on time
Saving for a down payment on a home
Buying a car
Taking a vacation
Having money for entertainment
Starting/maintaining a savings account