Some of them are common sense, but it won't hurt to go over it~
http://www.ibtimes.com/articles/20070102/personal-budget.htm
http://www.ibtimes.com/articles/20070102/personal-budget.htm
Few Tips for Managing Budgets!
- Thread starter wog777
- Start date
This is a timely article for me. I typically look at my prior year's spending around this time of year and I incorporate my annual raise (Federal Gov.) into my savings in January.
My biggest budget tool is the automatic pilot plan. I have my spreedsheet of how much I will save and where it will go, which projects out until my estimated retirement date. At the start of every year I increase it with my raise. I have everything automatically pulled from my checking account so I don't have to think about it except for once a year when I do the annual increases. I love this method.
I spend what ever is left and analyse the prior year's spending at the start of the new year by going through my Visa statements. I do this mostly out of interest but also to do a cost benefit analysis of my spending.
My biggest budget tool is the automatic pilot plan. I have my spreedsheet of how much I will save and where it will go, which projects out until my estimated retirement date. At the start of every year I increase it with my raise. I have everything automatically pulled from my checking account so I don't have to think about it except for once a year when I do the annual increases. I love this method.
I spend what ever is left and analyse the prior year's spending at the start of the new year by going through my Visa statements. I do this mostly out of interest but also to do a cost benefit analysis of my spending.
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