Unity Magazine

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Finance

Finance

BUDGETING: FROM PAPER TO ACTION

Simply writing down your current expenses into a log and adding them up does not conclude creating and implementing a budget. It’s likely that you are over-spending in categories and need to change your budget to accommodate your “debt load” (or expenses) or to best approach more ambitious financial goals. Sitting down and taking a hard look at your current situation is only the beginning of budgeting. Once you have written in expenses and seen where you can improve, you must give yourself new “guidelines” for spending in those categories and then the hard part, strictly enforce them. Here are my best suggestions for taking your budget from paper to action.

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Finance

FOUR SIMPLE TIPS TO SAVE AND MANAGE YOUR MONEY

Saving is great but to actually start saving is easier said than done. One of the biggest obstacles to saving is getting started. Motivation is hard to come by when it comes to saving especially if you are just starting out. While managing and saving your money may not be easy, taking time out to learn effective money management system will put you in control of your finance. Saving money can help you to pay down debt or pay off a mortgage and set you on the part to financial independence.

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