Tag "budget planning"
Tweet Unfortunately, life doesn’t always cooperate with our budgeting strategies. There are always items that get left off the budget, for various reasons, but these items need to be given
Tweet Setting financial goals to stay out of debt requires short-term and long-term planning. Every expense and liability must be paid when due with current income, or people are forced
Many people aren’t sure when to spend their money and when to save it because they haven’t taken time to develop a long-range financial plan. When you have a budget, it becomes easier to save, as well as spend, without feeling guilty or obligated.
A job loss or a cut in hours at work can lead to a need to cut back on expenses to meet a home budget. While most people will need a negative experience to cut back, there are some who will do so voluntarily to save up for retirement, or an emergency fund.