smart spending

5 critical items for any budget

A little regular attention and TLC
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Couple working on their budget

A working budget isn't something you set and forget. Your budget's like your desk calendar: If it's going to do you any good, it has to be current.

"Things change," Jones says. "To be living with an antiquated budget and think you're doing all right is sticking your head in the sand. It's one of the worst things you can do."

Can't seem to draft a budget, or stick with the one that you've constructed? Get free help through an affiliate of the Association of Independent Consumer Credit Counseling Agencies. Or find assistance that is either free or low-cost ($20 or less), through the National Foundation for Credit Counseling.

And forget looking at it as a punishment or sign of failure. Jones says, "People need to be living to a budget regardless of their income."




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