Archive for the ‘Budgeting’ Category
Friday, October 22nd, 2010
If you are trying to get out of debt, sticking to a sound budget is important. If you are unsure of the exact amount of your expenses, try writing down every dollar you spend for one month. At the end of the month, sit down and review your list. Use categories such as mortgage/rent, utilities, food, transportation, insurance, credit card payments, recreation, clothing, and savings to track your expenses. Evaluate how much money you are spending in each category. Consider whether you can reduce your expenses in any category. (more…)
Posted in Bankruptcy, Budgeting, Debt
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