This report gives suggestions for starting a personal money plan, provides a worksheet for developing the plan, and offers ideas for putting the plan into action. Guidelines are presented for the following steps in developing a money plan: setting short- and long-term spending and saving goals; making a timetable for reaching those goals; determining annual net income; listing expenses; and using the money plan worksheet. The worksheet provides space for recording actual and desired annual and monthly expenses in 40 categories divided into four sections: housing, personal maintenance, obligations, and savings and investment. Pros and cons of the following methods of putting the money plan into action are discussed: using a combination of savings and checking accounts; setting up a cash box containing envelopes in which the money budgeted for each category is periodically placed; and keeping a ledger for each budget category so that the amount spent can be compared with the amount budgeted. Recommendations are offered for periodic adjustments of the money plan and for actions to take if budget deficits are a regular occurrence. Information in this report is current at the time of printing, March 1980, but is subject to change. (DC)