Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
How to have a stress-free budget
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Holicent, post: 259585, member: 76163"] The best way to have a stress-free budget is to know where your money goes and how much you have. Knowing your spending history is the most important thing you can do. If you don't know where your money is going, it's hard to plan for the future or get rid of any bad habits. The first step in building a budget is knowing how much money you currently have available. To find this out, subtract all debts from your total assets (such as checking and savings accounts). This will give you an idea of how much cash is left over in your bank account. Next, figure out what percentage of that amount goes towards paying off debt (credit cards, student loans and car loans) and what percentage goes towards other expenses like utilities, groceries and rent/mortgage payments. Once you know how much money is left over after paying off debts and other expenses, divide it by two or three (depending on how many months until next payday) to determine how much money will be left over for savings every month. I spent way too much money on things that I didn't really need last month and now I'm trying to catch up whiith my bills. I've been using Mint to track my spending, but it doesn't help me figure out how to get back on track. But this method worked; Set a goal for each month (or quarter) of how much money you want to spend. For example, if your goal is $500 for the month, then write down what expenses you need to cut or eliminate in order to meet that goal. If you don't have enough money saved, then look at ways to get more cash flow coming in while still staying within your budget amount. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
How to have a stress-free budget
Top