Sunday, August 1, 2010

When budgeting goes wrong.

What do you do when you plan a budget for yourself and it just doesn't happen.
maybe their was an amazing blow out sale that you didn't plan for or an emergency expense.
Try these four tips from Daily Worth, a money saver newsletter.


Throw a curveball. Always save a little extra each month into a curveball account. Aim to save 5% to 10% of your income. If that's too steep, do a regular savings sweep.


Be a borrower. Think like the federal government: If you overspent on groceries by $100, postpone pampering or downsize the vice department to balance cashflow.


Unspend. No Spend Days are powerful budget-balancing tools. By simply not spending one day a week, you give yourself more wiggle room in other areas.


Cancel. You've heard it a mazillion times: cancel cable, cancel this, cancel that. Well?

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