... A Budget can help you set financial goals, prioritize spending and monitor cash flow. Ultimately, when you make the most of what you have, you don't have to work so hard to get more.
Spend with caution
Save with commitment
Stick to your budget
Your NEEDS are the things that sustain life, health, safety & livelihood. Every other thing is a WANT.
Your Budget should balance your lifestyle choices against your financial goals.
Use your purchase history, to identify and change detrimental spending habits.
Set budget targets that are reflect your financial reality...
A Budget should define spending parameters; with some flexibility for the unforeseeable future.
Resist Impulse Purchases of things that you don't need, or worst things you will never use.
Avoid the Credit trap. Instead of using credit cards for daily purchases, consider using a debit card. It's just as convenient, and you only spend the money that you have.
Make a commitment to follow your budget; without it, your budget is just a plan that may never materialize.
Know Your Net Worth
There are many elements that make up your financial position. They can be categorized as the things
that you own (assets), and the things that you owe (liabilities). These assets and liabilities include: your savings and investment accounts; the market value of ...
Buying on SALE may not be a BARGAIN
Don't be lured into a purchase by a SALE tag. There are pertinent questions that need to be answered before making
any buying decision.
Making Good on Your Financial Resolutions
More often than not, financial resolutions are doomed before they start... primarily because, they are too vague, they are not based in reality,
and they are not backed by commitment.