Consider some of the connections between business and personal finances and then look more closely at personal money management.

We will review the steps in the process of building a household budget or spending plan; look at tools to help you create a budget; and offer tips for putting your budget plan into action

Be sure to download and print workshop materials before starting the workshop.

Register now, no cost.

A good understanding of your personal finances is important for success of a small business. Creating a budget that works for you will allow you to become more confident with your household finances, use credit wisely and set goals that include a successful business.

Personal money issues will quickly effect your business. Getting your house in order should be a priority when looking to start or expand a business, as this can affect credit rating, supplier confidence and customer perceptions. Customers and others will be reluctent to do business with you if they feel you can't manage your household finances.

Instead of being a burden or holding you back, a budget can set you free from monthly money worries and help you reach your financial goals.

• Set a goal.
• Make a plan.
• Track your progress.

It should be clarified at this point that your business should be separated from your household budget. Consider a business banking account and how you will manage your business revenue. Mixing the two will lead to problems.

Start by downloading the budgeting worksheets.

Budgeting Worksheets