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Budgeting Tips

The most common question I get asked to help with is how to properly create and stick to a budget. Working out all the conflicting needs, demands on a person’s money, and the practises required to keep track of spending are all difficult. These are skills generally not taught to us in schools and, often, not at home either.

Below is a series of articles I’ve created with tips on how to track spending, create a budget, and maintain it to improve your financial well-being.

  1. Identifying Wants Versus Needs

  2. Track All Income And Expenses

  3. Spend What You Make, Don’t Try To Make What You Spend

  4. Be Efficient

  5. Eliminate little repeating costs

  6. Save up to purchase

  7. Look at what you can downsize

  8. Pay off high-interest debts

  9. Pay your future self first

  10. Where to put savings