HUD Housing Counselors exam

Helpful information in creating a realistic budget amount spent on groceries, rent payment information, monthly cable bill, current net income Why tracking income and expenses helps create a budget? shows client they spend less, spending habits, define realistic goals what is a "want" and not a "need" gym membership effective ways to decrease expenses cancel cable, stick to shopping list, conserve energy effective ways to increase income work overtime,teach yoga, find a second job Information not needed for budgeting annual bonus,stock dividends, employer reimbursements, credit score to buy a $2000 car in 8 months with $400 in bank How much per month minimally should be saved? $200 To buy a $2000 car with $400 in savings and saving $320 monthly; How many months will need to be saved? at least 5 months Employer information is found in which section of credit report? Personal Information