Debt as a Part of Your Budget

Sticking to your budget requires good spending habits. The following tips can help you stay focused and on track:

Cut down on using your debit and credit cards. You may think longer about a purchase if you’re spending cash rather than using plastic.

Write down your goals and display them in a place where you’ll see them every day. Frequently reviewing goals will help remind you why you’re being disciplined about your budget.

Pay your fixed bills first each month and then review your budget for flexible expenses. It’s better to cut back a little each week than be out of money at the end of the month.

Keep a spending notebook to track all of your expenses. It will help you decide where you can save money.

 

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