If youre like many Americans, you sit down every month and make a rough budget.
You didnt spend excessively.
You tried to stick to the budget.
Why is it so hard to get ahead financially?
Did You Make This Budgeting Mistake?
For the last year or two, the above scenario has occurred in my family every month.
We stuck to the budget; we didnt spend excessively.
Simply put, we didnt plan for recurring annual or semi-annual bills.
No Interest Til Almost 2027?
Balance Transfer = Credit Card Cheat Code
Why not?
However, that left us short some months when we had large annual or semi-annual expenses like car insurance.
We were living with an unrealistic budget that didnt really include all of our expenses.
If youre having budgeting trouble, maybe youre making that same mistake.
Did you know?
Now, its time to sit down and write down your other expenses that arent monthly.
Consider renters or house insurance, car insurance, life insurance if you pay annually.
Dont forget registration on your vehicle.
Perhaps a yearly parking sticker?
Also, add in realistic expenses.
For years now, theres been a little Dave Ramsey in my head shouting Its not in the budget!
Well, guess what?
But, I do take a stab at search for coupons online each month.
Now, we have $50 a month set aside for clothing and shoes.
However, thats not wise.
check that you set aside some money every month for savings.
If you might only afford to set aside $5 a month, at least set aside that amount.
If you’re free to set aside $50 or more, great.
But make saving a regular line item in your budget.
It sounds appealing right?
Check it out here!
