Did you know there are many ways you can cut your expenses in half? You work so hard for your money, you shouldn’t hand it over to someone without first doing the math and calculating the results.
Here are some ways you can cut your expenses and keep more of your hard-earned cash.
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Don’t finance for phones.
This is really important: Never ever finance a phone. I don’t think you should finance anything except maybe a home. However, please do not make payments on a phone. Read more
Having a budget in your life is a great way to ensure you’re making the most out of the income you worked so hard to earn. There are many people who live by budgeting and can attest that they work.
Nevertheless, there will always be reasons why a budget may fall apart. Everyone is different, thereby making all the reasons different. However, the following reasons have made many budgets fall apart and left the owner wondering, “Why don’t budgets work?”
Your budget is too complicated.
When budgeting, you want to make sure every dollar gets an assignment. That means every dollar you earn should have a place you’ve designed it to go.
That being said, you don’t need to go into too much detail. For example, when I write my budget I label a portion for “food”. I don’t label a portion for the bread, rice, and spaghetti. That would overcomplicate it and eat too much of my time. Read more