Budgeting can seem like math minus the fun – and we all know how fun math is. What’s exciting about adding up all your expenses and seeing that you spend way too much each month and need to cut back? Or maybe you put everything on your check card so you won’t overspend. Genius, right? Except you’re not building credit then, and unless you’ve also set up an automated transfer into a savings account, you’re probably not retaining any money either. But many people don’t want to hear that. Let’s examine five common myths that keep people from budgeting.
Tag: budget plan
Handling your monthly budget planner might seem unmanageable. But if you learn and practice how to organize monthly bills, you can save time, worry and even money. When you pay bills late, you may suffer numerous financial consequences, like late fees and a hit to your credit score. This can quickly stretch even the best-intended monthly budget too thin. Fortunately, several ways exist for you to learn how to organize monthly bills that do not require learning a lot of new skills or spending money.
Whether you’re living paycheck to paycheck or you have a surplus of savings built up, learning to budget your money is vital to proper money management. To make sure your budget does what it’s supposed to, avoid these 11 budget planning blunders.
For college seniors around the country, the final countdown to the “real world” has begun. While post-graduate life frequently includes increased independence, it also comes with increased responsibilities. To help you get you started on the right financial path, here are four important financial tips that you can get to work on right away.