Let’s be honest… saving money isn’t always as easy as it sounds. You create a monthly budget and do your best to follow it, but something always pops up to throw you off track. Plus, there are only so many ways to cut back your spending. Sure, you can switch cable providers or phone plans, but those savings are usually minimal. You want to save money… a sum of money you can actually see in your accounts.
The thought of having to have a budget may worry you. It may even scare you. It is hard to know how much you will spend every month on the things you need to buy and the debts you need to pay. Yet, you may know that having a budget is critically important to maintaining your financial health. It all comes down to creating a budget that is designed well enough to allow you the flexibility you need. So, how do you create a budget that you can actually follow? Consider these steps.
Saving money is hard, especially when the majority of Americans are living paycheck-to-paycheck. It's a sobering statistic considering most American households are labeled as middle class. Some families have dealt with an unexpected situation that has caused them to fall behind financially. Others may simply not make enough to keep up with their increasing bills. Regardless of the reason, not making enough money to pay bills or deal with an emergency is a serious problem millions of Americans are dealing with today.
Interest rates across the board continue to rise. It’s a wonderful scenario for savers with Money Market Accounts and Certificates of Deposit. Higher saving yields provide greater earning potential.
If you’ve ever tried to shed a few pounds, you know there are plenty of diets to choose from. And whether they’re dictating how much you can eat or what types of foods are acceptable, most diets have one thing in common – they’re unsustainable.