personal budget - mibluesperspectives · presented by: jeff rubleski, mba, cfp® blue cross blue...

Blue Cross® Virtual Well-Being

1

Creating a

Personal Budget

Presented by: Jeff Rubleski, MBA, CFP ®

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

The information in this presentation is intended only as

an educational tool and for general informational

purposes. It is not intended to, nor shall it, constitute

specific financial advice or services. You should seek

the advice of your own financial consultant or other

expert consultants regarding your individual financial

wellness condition and what steps could possibly be

taken to improve it.

Blue Cross® Virtual Well-Being

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“Do not save what is left after spending, but spend what is left

after saving.”

— Warren Buffett

The webinar will begin shortly.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

“A goal without a plan is just a wish.”

— Anonymous

The webinar will begin shortly.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

The webinar will begin momentarily.

Please stand by …

• If you have a question or want to respond to the presenter, click the raised hand icon.

• Download your slide handouts from the GoToWebinar panel.

If you have technical difficulties or questions, call GoToWebinar at 1-888-646-0014.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Blue Cross® Virtual Well-Being

Welcome to Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

The session will begin at 12 p.m.

This is an interactive

session.

Minimize distractions.

There will be a Q&A at the end

of the session.

“The journey of a thousand miles must begin with a single

step.”

— Lao Tzu

The webinar will begin shortly.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

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“An investment in knowledge pays the best interest.”

— Benjamin Franklin

The webinar will begin shortly.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Blue Cross® Virtual Well-Being

8

Creating a

Personal Budget

Presented by: Jeff Rubleski, MBA, CFP ®

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

The information in this presentation is intended only as

an educational tool and for general informational

purposes. It is not intended to, nor shall it, constitute

specific financial advice or services. You should seek

the advice of your own financial consultant or other

expert consultants regarding your individual financial

wellness condition and what steps could possibly be

taken to improve it.

Pay Yourself First• June 6, 2019

• 12 to 12:20 p.m.

Mark your calendar

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations

and independent licensees of the Blue Cross and Blue Shield Association. 10

Join us for our next weekly meditation

session on your computer or mobile device.

Topic: Appreciation Meditation

Wednesday, June 5, 2019

8 to 8:10 a.m. Eastern time

Register today.

Creating a Personal Budget

Today’s

Presenter

Jeff Rubleski, MBA, CFP®

Director, Sales Strategy

Blue Cross Blue Shield of

Michigan

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Why create a personal budget?

Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Pick a method of budgeting that works best for you:

*Blue Cross Blue Shield of Michigan and Blue Care Network do not own or control these websites/apps.

Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Fixed expense vs. discretionary expense

Fixed expense – Any expense that does not change from period to period

Discretionary expense – A cost that is not essential; “wants” rather than “needs”

Insurance Rent Mortgage Vehicle payment Student loans

Entertainment Dining out Clothing Cable TV Groceries

Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Determine your financial net worth:

Financial net worth = Assets minus debts

Review progress made after a year

Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

What can Blue Cross do to help?

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Download our free mobile app for use on your cell phone by entering Blue Cross Blue Shield of Michigan in your app store.

Refer back to our Blue Cross Virtual Well-Being Webinars on https://www.mibluesperspectives.com/virtual-webinars/members/.

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.

Next Financial Wellness session:Pay Yourself First

Date: June 6, 2019

Time: 12 to 12:20 p.m.

If you often have little or no money left over at the end of the month, or you just want to save more, paying yourself first can help. In this session, you’ll learn the most convenient way to set aside savings and reduce debt.

Creating a Personal Budget

Questions?

Creating a Personal Budget

Blue Cross Blue Shield of Michigan and Blue Care Network are nonprofit corporations and independent licensees of the Blue Cross and Blue Shield Association.