Do you live paycheck to paycheck? Would an unexpected $500 bill send you running for a loan? Do you find yourself putting routine expenses on a credit card but only make the minimum payment each month?
If so, there’s probably big financial trouble brewing. Here’s some recommendations that really work to help you get control of your finances.
Make a Budget
Nearly three in five Americans do not have a personal or family budget. So, the first important step is to create one.
Track your expenses for a month and find out where the money is going. This includes outlays for the big items such as rent or mortgage, groceries, and car payments. But it also includes the dollar you gave to the girl selling candy bars for her school.
You may find that in order to balance your budget, you need to cut expenses. After the “necessities of life” are covered, you may find there is not much left for the things you love. But read on, because this article will show you how to live the life you want.
Take control of your money and improve your life.
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