# to plan future income and spending

A budget: one simple tool that does it all » FORT LEONARD WOOD, Mo. — The importance of creating and following a budget, also called a spending plan, is a lesson that cannot be overemphasized if yo… Army.mil

r/UKPersonalFinance on Reddit: App/Software that allows future financial planning on top of budgeting? » Posted by u/highCheck19 - 32 votes and 38 comments Reddit.com

Improving Economic Growth: Cut Spending or Raise Taxes? - IMF F&D Magazine » A new study offers more evidence that cutting spending is less harmful to economic growth than raising taxes. Imf.org

Financial Plans: Meaning, Purpose, and Key Components » A financial plan is a document detailing a person’s current money situation and long-term monetary goals, as well as strategies to achieve them. Investopedia.com

The Office of Financial Readiness » More Month Left Than Money?… Follow @DoDFINRED to ensure you never miss a moment!… Download the DoD's free financial literacy app, Sen$e. Sen$e dollar sign … Finred.usalearning.gov

An essential guide to building an emergency fund | Consumer Financial Protection Bureau » Everything you need to know about what an emergency fund is and how to create an emergency fund. An emergency fund is an important step in protecting yourself financially from the unexpected – like a car repair, medical bill. or replacing an appliance – and staying on track to reaching your savings goals. Consumerfinance.gov

What Is a Budget? Plus 11 Budgeting Myths Holding You Back » Budgeting involves estimating revenue and expenses over a specified future period of time. Budgets are usually established and re-evaluated on a periodic basis. Investopedia.com

The Cost of Raising a Child » USDA recently issued Expenditures on Children by Families, 2015. This report is also known as “The Cost of Raising a Child.” USDA has been tracking the cost of raising a child since 1960 and this analysis examines expenses by age of child, household income, budgetary component, and region of the country. Based on the most recent data from the Consumer Expenditures Survey, in 2015, a family will spend approximately $12,980 annually per child in a middle-income ($59,200-$107,400), two-child, married-couple family. Middle-income, married-couple parents of a child born in 2015 may expect to spend $233,610 ($284,570 if projected inflation costs are factored in*) for food, shelter, and other necessities to raise a child through age 17. This does not include the cost of a college education. Usda.gov