This guide is designed to help people of all ages set up a budget and manage their money. It is organized in three sections: the Principles of Managing Your Finances, Financial Tools Used in Money Management, and Coping with Change. Section 1 consists of three chapters. The first chapter introduces the money management process, discusses goal setting, and provides tools to evaluate one's current situation and net worth. Chapter 2 takes the reader through the budgeting process and provides tips on recordkeeping and finding sources of advice. The third chapter suggests ways to economize, weighing the pros and cons of buying versus renting housing, determining food expenditures, saving on clothing, and minimizing use of utilities. It ends with a discussion of the costs of having, raising, and educating children. Section 2 has chapters on sewing and investing, insurance, and consumer credit. Section 3 explains retirement planning; and economic, financial, and household change. Each chapter includes approximately 25 references. Worksheets are provided for net worth, setting goals, estimating income, estimating expenses, monthly expense record, household expenses, retirement income, and retirement expenses. (KC)