smart spending

5 critical items for any budget

Ingredients of a useful budget
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Pencil and budget

Budgeting is like baking a cake: Sometimes it's what you forget that leaves a bad taste in your mouth.

If you've resolved to get a handle on your money, a budget is the first order of business.

Too many times, budgeters draft reasonable plans with the best of intentions. Then they run out of money before they run out of month and end up "borrowing" from the next month, pulling money from savings or reaching for the credit cards. They conclude that budgeting just doesn't work.

Often, the big culprit isn't the budget or the budget-maker: it's the regular and semiregular expenses that they omit.

Want to build a successful spending plan that will give you power over your money? Here are some critical points to consider when you draft a spending plan.




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