A Little Organization Goes a Long Way
How many times have you said to yourself on January 1st that THIS is the year you’ll organize your finances, master your household budget and figure out how much you can set aside for savings and investments?
Unfortunately, things get in the way. But organization is the first step towards getting your finances under control. First, know how much comes in every month and how much goes out.
It’s amazing how much peace of mind you can create just by creating a simple spreadsheet –- nothing fancy or complex –- where you tally your expenses every month and see how it compares to your income. It takes about 20 minutes one day every week, and it can give you a tremendous feeling of empowerment. You can even find expense-tracking apps, for those of you on the go!
(Image via flickr)