Sara Colley / October 8, 2016 Primary Wage Earner If you are a single person, you needn’t worry about asking anyone else to contribute to your budget plan. However, you may want input from outside experts to help you create a realistic one. Talk to your financial planner if you have one, of course, or...
Non-Negotiable Budget Categories
Sara Colley / October 7, 2016 Non-Negotiable Budget Categories Some expenses you will not be able to easily change. It is important, therefore, to get your initial budget numbers right in these categories, or else you are not likely to be able to successfully follow your budget. In each of these categories you probably can...
Cutting Utilities
Sara Colley / September 24, 2016 Cutting Expenses, Continued Utilities When most folks think of utilities they think they can’t possibly cut back anywhere. You’d be surprised. Cable / Television The first place to look is your cable or satellite bill. Cable is no longer the lifeline it once was. You can get most television...
Groceries and Home Supplies
Groceries and Home Supplies This is a tricky category for cutting expenses, because you can’t really cut back on food, and you might end up spending more on this category if you cut back on other categories, such as dining out. However, because it is one of the larger categories for most families in terms...
Automobile
Next we’ll look at your automobile expenses, because for many folks it’s an opportunity to make fast progress with big reductions in spending. We all like shiny new cars that shout out to the world what kind of personality we want to project. Who do you want to be: rugged, elegant, edgy, rich? But if...
Entertainment
We’re going to attack entertainment next. This may not be your second, third or even fourth largest category, but for most folks it is a category where the potential for cutting back is very high. Not fun, maybe, but very high. Dining Out Eating dinners out costs between 5 to 10 times as much as...