Tips on Managing Your Money

I don't know about you, but I am guilty of spending more money than I should on things that I don't really need.  In today's consumerist society, it is so easy to spend more money than we should.  

Here are some tips on how to manage your personal finances:

• Set Up a Budget:  Work out how much you spend on bills, gas, food, etc. each month and weigh that against how much money you have coming in.  You will then have a clear picture of how much extra you have for saving and spending.  When you set up a budget, you'll be less likely to end up in debt or get stuck in a situation where you need to borrow money.  
• Set a Savings Goal:  It is really important to have some money saved up in case of emergencies.  When you set aside a little bit of money every month, it will add up!  If you have a savings goal and are mindful about sticking to it, your savings will continue to grow.  
• Pay Off Loans and Credit Cards:  Loans and credit cards charge you interest when you don't pay the bill in full every month.  Store cards usually charge a higher interest rate.  If you are struggling with debt and are missing important bill payments it is really important to get help!  

Learn more HERE.

If you are having trouble finding balance in managing your financials, contact Marie K. Russo to set up a complimentary consultation.  Email mkr@mariekrusso.com today!