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Bank On Hampton Roads REV: 01JUN16
Financial Decision Tree
Use this decision tree to help you identify the budget items that you can control
within your spending plan. Go through your budget and list each item as a
“controllable” or a “not controllable” item. Then go through the controllable
items and prioritize which ones are easiest to control and will create the greatest
benefit to your budget.
Example: You may not be able to control the cost of your mortgage or rent, but
you may be able to tweak how much is spent on utilities, groceries, etc. Look
through your budget and determine the things you can control and the things
you cannot.
CONTROLLABLE ITEMS NOT CONTROLLABLE ITEMS