D' Finance Bench

The Right Place To Sit At For Financial Advises

Create and Maintain a Budget

Dollar BillThe first step to avoiding the troubles of financial debt is to create and maintain a budget. It’s not as intimidating as it sounds, don’t worry.

First off, create a list of all your monthly income and also a list of your monthly expenses. When determining income, list all sources including alimony, child support, side jobs, etc. In calculating expenses, be sure to include housing, food, transportation, utilities, entertainment, etc. To gain an accurate reflection of actual expenses, sit down each night and write down expenses, just make sure to save receipts. Determine if your income covers all of your expenses. If the answer is no, then some expenses need to be reduced. Continue reading

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September 23, 2012 Posted by | Budgeting, Money Management, Savings | , , , , , , , , , , | 8 Comments

EFFECTIVE MONEY SAVINGS TIPS

Porquet guardiolaSaving is your best defense against bankruptcy. It insulates you from possible financial loss and gives you the ability to expand your finances and create a money-generating business machine that will help you earn extra.  Your potential to flexing your base income is augmented in ways that is not confined within the walls of basic employment. You can start up your own business, use it for loan purposes and earn interest on them while being used, among others. But the basics of it all lies in saving – spending less than what you earn and keep something enough for future use and for unforeseen circumstances. This article provides you with ways on how you can effectively maximize your financial resources and helps you manage your money by developing correct habits and outlook suitable for your goal.  Continue reading

September 23, 2012 Posted by | Budgeting, Money Management, Savings | , , , , , , | 3 Comments