Few questions are scarier than “Where did all the money go?”
Learn the secrets to sound financial management.
The sooner you learn how to manage money effectively, the sooner you can avoid the stresses that stem from living beyond your means. It’s easy to create a monthly financial plan, and it will help you make the best of your monetary resources.
Start with a simple formula:
Calculate your monthly income.
Estimate your monthly expenses-including your student loan payment, all living expenses, credit cards, insurance, etc.
Determine what you have left. This is your discretionary income-money you can use as you choose. If you have money left over it would be a good plan to open a savings account.
You’ll find that the simplest cost-cutting strategies can add up to considerable savings in the long run.
If you would like to learn more about creating a budget, please join me for a LUNCH and LEARN, on Wednesday, October 20th from 12:00- 1:00. The Lunch and Learn will be held on the first floor.
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