Tuesday, February 2, 2010

Budgeting -_-

My mom taught me that budgeting is for sure the way to go. Don't go to the complete other spectrum and become cheap by only buying cheap items. Just make sure you have enough money to pay the bills and maybe even put some money away? If you want to plan to save open up a high interest savings account and put even $20 a month in it. Eventually you cold pay for a holiday!!

iPhone has a great app called "pocket money lite" that helps you set budgets and incomes. Excel if you know how to use it is another good way too. Also if you want to try it old school then write it out on a peice of paper or a notebook!

Just calculate how much you will make that month and what your fixed expenses are. From there budget how much you can spend in different categories such as (food, clothes, toiletries, socializing etc.)

Happy budgeting!!

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