Budget Committee
How do you thing about Bugdet Committee .? For some of us, the word immediately Congers visions of people frowning accountant-type,complex computer programs and mountains of crumpled paper and zero accumulated around the kitchen table. For those of us who are fiscally challenged and would prefer to place our faith in the benevolence Saints Shopper completely oblivious, even if marked "B" is enough to drive us to the emotional security to watch the latest reality TV show.
Both have the same effect as the old technique to implement the bills on the wall to see if they stick. If not - well, most likely next month!
Here is a proposal for a fairly painless step toward controlling your cash flow. Take the spiral binder, then click and drag the page number of columns. In the first column, write the names of your expenses. You know, like food, house payment or rent, gas, car payment, electricity, telephone, child care, credit cards - that sort of thing. Put a name of expenditure for each line going down the column. Do not forget the clothes, entertainment and insurance entries. Even if you pay quarterly or semi-annual insurance, it is necessary to break this down into a monthly "expense" so you can save, or at least see where you are. If you want to, not a bad idea to list the cost of payday groups. A list of bills you must pay the first payday in a part of the column and create a separate group of bills would get the attention of another payday. What works best for you.
The second column, write what usually spend each month for each item of expenditure in the first column. If you are unsure, take your best guess and write in pencil. Now, just for the fact that, add your estimated expenses and compare your projected total monthly income. Medical expenses? Birthday and Christmas? Was included in the expenditure on food - or entertainment expenses? And yes, eating out and quick snacks or drinks at your favorite store to be included somewhere.
Next - and not to push the bills behind the jam when it comes, just throw in a spiral binder on your current budget page. When you pay for them, be sure to remember to write the sum of the column.
Here are some tips on bill payment services. Do it first, right after payday before you spend money on something else. Plan. Wait at least a week to go check with your lender and be credited to your account. The last thing you want to see is a series of late payments on your credit report. If you have not gotten a bill yet, and you know it must be paid by paycheck this week, to keep the money and do not use them on other things.
Debit cards are great, but can quickly cause problems if we are not careful. If you want to make purchases with a debit card, be sure to tighten the receipt in your wallet and do not forget to write the amount in your checkbook as soon as I get home. Then either enter this amount in the appropriate column in your budget, or just throw a spiral binding for late arrival. If you normally make several trips to the grocery store in a month, just clip the receipts together and enter the totals in his "Journal" a couple of times a month. Weekly if desired. If you wish to pay your bills online, remember to enter the amount in both your checkbook and ledger.
All-in-one stores - those that carry groceries and some other items - tend to complicate the budget process, because we really need to separate the purchases so we can see where we spend our money. If your basket is essentially filled with provisions and the "other" purchases are small, just enter everything in the food column. Your choice
Credit card. If possible, pay more than the minimum. There is no reason to keep forking over your money, in the form of interest and big business to the next unread for years, if you can avoid. The best thing is, of course, if you can pay with credit card debt off monthly.
Choose one and do everything possible to get it paid off. I need not remind you that it is not a good idea to charge more for these cards when you work so hard to pay them off, right? While you're there, when a card is paid off, seriously consider canceling it. One thing more credit cards. Credit cards are convenient, and perhaps in emergency situations. We can also easily slip into believing that what the limit is displayed on the card is really our money and spend accordingly. direct path into the swamp. With regard to emergency situations, it is better to have a stash of money set aside to deal with these unforeseen events, but sometimes it is simply impossible. So OK, use the card for emergencies, if necessary, but the budget is still possible amount of the reimbursement emergency. And let's face it, if you are stashing cash for emergency back is not until they actually have the money to cover most situations, and you should not use the card anyway.
Otherwise, if the credit is ok, it's much better to tear the bank or credit loan rate best deal with these emergency expenses. One last thing on credit cards. If you are unable to pay the bill in full each month, so please do not use them to eat. This creates a very expensive meal, which gives you enough power to lead you deeper and deeper into the swamp.
So if this will lead us? If your monthly expenses - including allowances for maintenance, entertainment and emergencies - is greater than your income, you only have a couple options. Or to raise revenue in some way, as through part-time work or to reduce costs. Articles in MSN Money indicate that you're safe if you stick with a Consumer Credit Counseling Service Directive or Myvesta (a non-profit financial crisis).
Bottom line? By paying off the old credit card, you've already made a significant step in this direction, but as soon as possible, to create a real savings account where you can earn at least a little interest on the money. Consider it directly deposited into account the amount you earn on your work. If you do not see it, do not miss much.
Here is a proposal for a fairly painless step toward controlling your cash flow. Take the spiral binder, then click and drag the page number of columns. In the first column, write the names of your expenses. You know, like food, house payment or rent, gas, car payment, electricity, telephone, child care, credit cards - that sort of thing. Put a name of expenditure for each line going down the column. Do not forget the clothes, entertainment and insurance entries. Even if you pay quarterly or semi-annual insurance, it is necessary to break this down into a monthly "expense" so you can save, or at least see where you are. If you want to, not a bad idea to list the cost of payday groups. A list of bills you must pay the first payday in a part of the column and create a separate group of bills would get the attention of another payday. What works best for you.
The second column, write what usually spend each month for each item of expenditure in the first column. If you are unsure, take your best guess and write in pencil. Now, just for the fact that, add your estimated expenses and compare your projected total monthly income. Medical expenses? Birthday and Christmas? Was included in the expenditure on food - or entertainment expenses? And yes, eating out and quick snacks or drinks at your favorite store to be included somewhere.
Next - and not to push the bills behind the jam when it comes, just throw in a spiral binder on your current budget page. When you pay for them, be sure to remember to write the sum of the column.
Here are some tips on bill payment services. Do it first, right after payday before you spend money on something else. Plan. Wait at least a week to go check with your lender and be credited to your account. The last thing you want to see is a series of late payments on your credit report. If you have not gotten a bill yet, and you know it must be paid by paycheck this week, to keep the money and do not use them on other things.
Debit cards are great, but can quickly cause problems if we are not careful. If you want to make purchases with a debit card, be sure to tighten the receipt in your wallet and do not forget to write the amount in your checkbook as soon as I get home. Then either enter this amount in the appropriate column in your budget, or just throw a spiral binding for late arrival. If you normally make several trips to the grocery store in a month, just clip the receipts together and enter the totals in his "Journal" a couple of times a month. Weekly if desired. If you wish to pay your bills online, remember to enter the amount in both your checkbook and ledger.
All-in-one stores - those that carry groceries and some other items - tend to complicate the budget process, because we really need to separate the purchases so we can see where we spend our money. If your basket is essentially filled with provisions and the "other" purchases are small, just enter everything in the food column. Your choice
Credit card. If possible, pay more than the minimum. There is no reason to keep forking over your money, in the form of interest and big business to the next unread for years, if you can avoid. The best thing is, of course, if you can pay with credit card debt off monthly.
Choose one and do everything possible to get it paid off. I need not remind you that it is not a good idea to charge more for these cards when you work so hard to pay them off, right? While you're there, when a card is paid off, seriously consider canceling it. One thing more credit cards. Credit cards are convenient, and perhaps in emergency situations. We can also easily slip into believing that what the limit is displayed on the card is really our money and spend accordingly. direct path into the swamp. With regard to emergency situations, it is better to have a stash of money set aside to deal with these unforeseen events, but sometimes it is simply impossible. So OK, use the card for emergencies, if necessary, but the budget is still possible amount of the reimbursement emergency. And let's face it, if you are stashing cash for emergency back is not until they actually have the money to cover most situations, and you should not use the card anyway.
Otherwise, if the credit is ok, it's much better to tear the bank or credit loan rate best deal with these emergency expenses. One last thing on credit cards. If you are unable to pay the bill in full each month, so please do not use them to eat. This creates a very expensive meal, which gives you enough power to lead you deeper and deeper into the swamp.
So if this will lead us? If your monthly expenses - including allowances for maintenance, entertainment and emergencies - is greater than your income, you only have a couple options. Or to raise revenue in some way, as through part-time work or to reduce costs. Articles in MSN Money indicate that you're safe if you stick with a Consumer Credit Counseling Service Directive or Myvesta (a non-profit financial crisis).
Bottom line? By paying off the old credit card, you've already made a significant step in this direction, but as soon as possible, to create a real savings account where you can earn at least a little interest on the money. Consider it directly deposited into account the amount you earn on your work. If you do not see it, do not miss much.