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One has to be realistic about financial matters. If you really want to help yourself, take stock of your income and put down your expenditure. If this seems too irksome to handle alone, get some help. Besides your projected income and expenditure, it is a good idea to budget for a possible increase or reduction. In addition, it’s always wise to have a cushion for unexpected expenses.

Today, spreadsheets are easily downloaded from the internet, without having to pay for the software. If the prospect of using a spreadsheet alarms you, you could always use a large notepad for your jottings. The sites for spreadsheet software are located at openoffice.org or docs.google.com.

Make two columns on your worksheet. Title one side ‘Income’ and the other ‘Expenditure’. Do this on a monthly basis. When you’re listing your expenditure, don’t forget every little thing that you’ve spent money on. This would cover your monthly bills, the amount you spent on gasoline and groceries among other things. To these expenses, add another 10%, which should take care of unforeseen payments.

Go one better and do another exercise. Devise alternative budgets. This could be purely imaginary. Project your financial income for the month, and the expenditure. Subtract one from the other.

While projecting your monthly expenditure, do not add the interest you have to pay out on credit cards and car loans. Also, omit 25% of what you paid towards things you may have bought on an impulse. Total up what you spent on these three items. When you think about it, you will agree that you could easily do without this unwanted monthly expenditure. This could add up to 10% of the amount you spend every month, or in some cases, it could be more.<

ed from the internet, without having to pay for the software. If the prospect of using a spreadsheet alarms you, you could always use a large notepad for your jottings. The sites for spreadsheet software are located at openoffice.org or docs.google.com.

Make two columns on your worksheet. Title one side ‘Income’ and the other ‘Expenditure’. Do this on a monthly basis. When you’re listing your expenditure, don’t forget every little thing that you’ve spent money on. This would cover your monthly bills, the amount you spent on gasoline and groceries among other things. To these expenses, add another 10%, which should take care of unforeseen payments.

Go one better and do another exercise. Devise alternative budgets. This could be purely imaginary. Project your financial income for the month, and the expenditure. Subtract one from the other.

While projecting your monthly expenditure, do not add the interest you have to pay out on credit cards and car loans. Also, omit 25% of what you paid towards things you may have bought on an impulse. Total up what you spent on these three items. When you think about it, you will agree that you could easily do without this unwanted monthly expenditure. This could add up to 10% of the amount you spend every month, or in some cases, it could be more.<

thing that you’ve spent money on. This would cover your monthly bills, the amount you spent on gasoline and groceries among other things. To these expenses, add another 10%, which should take care of unforeseen payments.

Go one better and do another exercise. Devise alternative budgets. This could be purely imaginary. Project your financial income for the month, and the expenditure. Subtract one from the other.

While projecting your monthly expenditure, do not add the interest you have to pay out on credit cards and car loans. Also, omit 25% of what you paid towards things you may have bought on an impulse. Total up what you spent on these three items. When you think about it, you will agree that you could easily do without this unwanted monthly expenditure. This could add up to 10% of the amount you spend every month, or in some cases, it could be more.<

ting your monthly expenditure, do not add the interest you have to pay out on credit cards and car loans. Also, omit 25% of what you paid towards things you may have bought on an impulse. Total up what you spent on these three items. When you think about it, you will agree that you could easily do without this unwanted monthly expenditure. This could add up to 10% of the amount you spend every month, or in some cases, it could be more.

You have to ask yourself in all honesty, whether the returns were worth it. All things considered, it is better to save for an article before buying it. That way you save the interest that is going out of your pocket every month. If you pay the minimum required by way of an installment, you are paying much more than what the product is really worth.

Think about this rationally. Do you want to be ripped off because of hasty decisions, or do you wish to turn your financial life around and see the dollars multiplying in your kitty? You could do it by careful planning and sticking to your budget. The final decision is yours.