Everyday, we are faced with unexpected challenges and circumstances and the best way to manage your resources is by creating a budget. If you don’t have an emergency fund and you suffer job loss and or disability you will be forced to rely on credit cards, take out a loan and or use your 401(k). Here are a few reasons one should consider creating a budget.

A budget is not only used to manage your resources but it is an essential tool needed to develop your financial plan. [Read more]


Budgeting Basics

A budget is an itemized summary of likely income and expenses for a given period of time. A budget is created by using an excel spreadsheet and or Mint Personal Finance Application. It is a tool to help you prioritize your spending and manage your money.

When you create a budget it will help you build a savings and or emergency fund, manage unexpected expenses, and build for your financial future.