Budgeting Tips: 7 Simple Ideas For Beginners

Do you ever feel like you don't have enough money?

If you’re new to budgeting, you might not know where to begin

See the following tips

Tip 1: Look into your spending habits

Tip 2:  Determine your financial goals

Tip 3:  Compare your gross income to your net income

Tip 4:  Aanlyze your calendar

This is important so you know when money is flowing out (xmas!)

Tip 5:  Be realistic

There's no point in lying to yourself!

Tip 6:  Use an app

There are so many out there.  They're all fine.  Just find one that gets you hooked.

Tip 7:  Stop relying on credit cards*

*see next slide

*There is a wild card to credit cards.  We like credit cards for their ability to track spending

The most important thing with budgeting is to just be aware of where your money goes

For more tips from a Chartered Financial Analyst click below