Re: Budget Help!
I think your advisor is right, or even high.
How are you doing on getting it down?
One way to track where it's going. For one month, NO cash. Nada. I would NOT recommend that in most instances. But stopping the cash/ATM/money flow forces you to think differently about routine purchases like coffee or lunch. It also gives you a specific receipt for how much and what. Save all receipts, and at the end of one month, sit down and separate out every purchase into categories. Food for home, cleaning supplies, OTC meds, fast food, whatever yours break down into.
Total up things, and you should see where your money is going, where you can cut, and how to budget it.
|