No 100-line spreadsheets or major lifestyle changes required.
Heres how it works: Take your total after-tax income each month, and divide it in half.
Thats your essentials budget (50%).
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Thats your 50/30/20 budget.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Well keep it updated as offers changes or expire.
If you add up all your essentials and its way over 50%, its time to reevaluate.
Did you know?
Here are a few ideas:
Take a couple of minutes toanswer some questionsabout yourself and your driving record.
With this information, EverQuote will be able to give you the top recommendations for car insurance.
In just a few minutes, you could save up to $610 a year.
Its the things you want and love, but you dontneed.
So what if you ordered out twice this week?
Just give your Amazon account a break for a few days to stay under your 30% mark.
This is an important step toward improving your financial health.
Its only 20%, so its not super intimidating!
If youre struggling with credit card debt, heres a tip: consolidate it.
This could lower your interest rates, save you money and help you pay off your debt even faster.
And a website calledAmOnecan help you with that.
Youll be left with one bill to pay each month.
Plus: No credit card payment this month.
AmOne wont make you stand in line or call your bank, either.
And if youre worried you wont qualify, its free tocheck online.
It takes just two minutes, and it could help you pay off your debt years faster.
And the ultimate key to sticking to your budget?
Remember to prioritize not sacrifice your spending so you might still have a little fun with your money.
Kari Faber ([email protected]) is a staff writer at The Penny Hoarder.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
