How To Avoid Money Problems
by:
John Mussi
Page 2 of 5 The first step toward taking
control of your financial situation, is to do a realistic assessment of
how much money you earn and how much money you spend. Start by listing
your income from all sources. Then, list your "fixed" expenses — those
that are the same each month — like mortgage payments or rent, car
payments, and insurance premiums. Next, list the expenses that vary —
like entertainment, recreation, and clothing. Writing down all your
expenses, even those that seem insignificant, is a helpful way to track
your spending patterns, identify necessary expenses, and prioritize the
rest. The goal is to make sure you can make ends meet on the basics:
housing, food, health care, insurance, and education. Your public
library and bookstores have information about budgeting and money
management techniques. In addition, computer software programs can be
useful tools for developing and maintaining a budget, balancing your
cheque book, and creating plans to save money and pay down your debt. Back Next . Can't find file:
'./tlevine_rss9loanresources9org/traffic_tools_rss_template.frm' (errno:
13)
CATEGORIES
HOME | 
