Budgeting-Great Advice On Budgeting Worksheets, Personal Budgeting, And Budgeting Tips

Sadie asked:


I make good money but feel like I’m throwing most of it away and I don’t even know where it goes! I’m not even sure how to do a budget. What are some tips that have worked for you as far as making a budget and sticking to it? Thanks!

Carter Schlotzhauer

TheRock6650 asked:

A fan made live action movie set to be released on the internet in this Winter. The movie shall most likely be one hour and thirty minutes long, minimum. This is a no-budget film. I respect the the Director of the film, treat him with respect as if he were to you in your comments please, it will be filtered. He has worked hard on this film and deserves the hard earned credit. -NOTE: MOVIE WILL INCLUDE ROCKMAN MUSIC AS QUOTED FROM THE DIRECTOR “Lebron: It’s interesting, because I was going to …

Jacquiline Amoriello

TimothyFiore asked:

Directed by Timothy Fiore. To embed in HD, paste the following at the end of both URL addresses ending in “0″ within the embed code given: &ap=%2526fmt%3D22

Clark Busbee

WTFilmsProductions asked:

A promotion for Ted Dekker’s new novel; Adam. Created by three Biola film students. The budget was only 100 dollars.

Christel Curlee

Aleah asked:


I read that will help. How??

Lacy Buda

Budgeting is an important step in our financial planning especially if you are in the process of getting out of debt. The key reason we want to keep tracking our spending when we live in budget is so that we know where our money goes and make sure it goes to the right place while it helps us to spot the leaks so that we can plug these leaks as soon as possible. Here are the common five budget leads and how to plug them so that you are spending within your budget:

1. Food. If you find that you end up spend more on food then you budgeted for, it probably because you dine out too often. It is 5 times more expensive to eat outside then preparing the meals for yourself. So, your action to plug this leak is to cut back on going out to eat. If you are the person who enjoy dine out, then you have to budget for it. Make dinning out a short-term goal every month, and set aside some money for it.

2. Retail shopping. Impulse buying may causes you overspend your money and live out of budget. Hence, remember to make a list on the things that you want to buy before you go out for retail shopping and insist on just buying the items on your list. If you see a thing that you like very much and thinking of buying it, bring the idea home for re-consideration, and if it is worth to buy, then make a budget for it.

3. Entertainment. People often spend more than they plan to on entertainment because of the impulsive nature of it. And, often you are unable to predict every time your colleagues or friends invite you out for an evening of fun, so it’s hard to have the money set aside for it. But, you still need to plan it into your budget plan. During your budgeting, you should always allocate some portion of your money for unpredicted occasions so that you have enough money to handle whatever unpredictable entertainment expenses should pop up.

4. Auto repairs, veterinarian’s bill and emergency medical expenses. These expenses are not a really leaks, but the emergency needs that can’t be planned for. To deal with this category, it’s crucial that you are building your emergency funds. Else, you may live out of budget if one of these emergencies happens suddenly and you do not have the money to handle it. Hence, you should build up ample savings that can handle these situations when they occur.

5. ATM. The ATM or the debit card can provide great convenient when go for shopping because you can access your cash easily, but it can be the biggest leak. Say you are at the grocery store, and you have budgeted to spend $100 on this shopping trip. If the total bill is $108, and you have got that debit card, you will probably pay the $8 extra and causes a leak to you budget. But, if you just take $100 cash into the grocery, you can only spend up to the maximum of $100. Although the $8 might not seem like much, but when you add up many of $8, small leaks become big ones.

Summary

Budgets leaks can cause you live out of budget; hence you should always be able to spot any budget leak so that you can plug it when it occurs.



By: Cornie Herring

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