Budgeting is tough and there’s a plethora of advice available online about the various options on the table. The problem is not all this advice is good advice. This article is going to take a look at some of the best guides for budgeting in various scenarios, so you can make big changes to your financial life.
This American Express article is ideal for the saver that’s just getting started. It will teach you about getting into the mindset of saving and what you need to do to avoid letting your spending get out of control.
It’s an excellent beginning to your savings venture and will even provide you some advice on how to make the most of both bank accounts and credit cards.
Not every budgeting article is right for everyone. Maybe you’re starting at the very bottom and working your way up? If so, then this is the guide for you.
It’s designed for those who’re starting out with nothing, and even those who’re already in debt. It will teach you how to make a plan and how to make some simple changes to your life so you can start to save even a small amount.
One of the most common pieces of advice you’ll receive is that you need to track your incomings and outgoings. It’s good advice but there are so many people who simply don’t know how to do it. If you read this article, you’ll get a comprehensive guide to the various tools and apps that can help you track your money.
As expected, a significant part of the article focuses on the Mint app. However, the writer does offer some useful alternatives if you need something else.
The number one reason why people run into financial trouble is the lack of cash flow. They might have the capacity to pay their bills but they need time for their income to flow through. Without cash flow, you’re bound to run into huge financial issues.
This article provides you with three easy tips for enhancing your cash flow and ensuring you don’t suddenly run out of money. It’s not just about budgeting, it’s about budgeting for a specific purpose, which is why this article is a must-read.
Most people think that insurance premiums are set in stone. That is not always true. There are various ways to get lower rates and sometimes all you need to do is ask. Find out what reasons they give discounts for. One of the more popular ways is to combine other types of insurance policies to receive these discounts.
Another idea to save money on insurance costs is to review your current plans. Most people as they age up tend to carry more insurance than what they really need. So review those policies and see how you can save money.
Finally, there’s more to budgeting than just personal finance. The same skills you’ll take from budgeting for a home can be applied to a business, but with a number of key changes.
Dave Ramsey is a well-known personal finance guru operating in the United States. In this guide, he departs from standard personal finance advice and moves towards helping out entrepreneurs. This advice is specifically targeted at entrepreneurs who have started a venture for the first time and whom also have to continue to run a household.
It is laser targeted advice that’s helping people begin their ventures without losing control of finances at home.
Last Word – Getting Help with Your Personal Finances
The reality is that more and more people are struggling to deal with their finances. These five articles cover all the bases and ensure that you can get started in business, in your home, and with the newest tracking technology. In short, it’s time to take control of your finances today and these five articles represent a tremendous starting point for your education.
Do you have any other great guides for budgeting better?