i always find myself almost broke if not totally broke before the next pay day comes. i got too much bills and expenses coming on (cellphone, wi-fi, pension plan, credit card, gym, gas for my car, grocery allowance, medicine allowance for my mom and dad) and yet i dont have much things ive bought for myself. what shall i do....
2006-07-05 06:03:18 · 4 answers · asked by riki 1 in Business & Finance ➔ Personal Finance
draw a budget before you get your money and adhere strictly to it.
2006-07-07 05:33:56 · answer #1 · answered by roli 2 · 0⤊ 0⤋
For one thing you need to start a budget. Next get rid of that credit card as they can really get you in a bind. Put away your change in a jar and don't touch it and later on you will have money to have some fun with. Start a savings and a checking account and keep an accurate balance. Use your checks to pay your bills and don't touch your savings at all and let it grow. Do not use your checks to buy a bunch of stuff either. Put 250 a week into your checking and 25 in savings and keep the rest for spending money. Also,don't borrow or loan money unless it's necessary! You may need to sit down with your parents and make a financial plan that will work for you.
2006-07-05 06:14:43 · answer #2 · answered by toughguy2 7 · 0⤊ 0⤋
jjust a suggestion, you can have another savign account that do not have any card or credit card link to it as to prevent easily access to teh cash only by going directly to teh bank.
as the saying form robert kiyosaki goes" pay urself first"
pay-save-spend method works for me and i been saving money and invest some of it to oterh area as well..cheers.
2006-07-05 06:10:40 · answer #3 · answered by Anonymous · 0⤊ 0⤋
i think you should ask someone else cause im stupid!
2006-07-05 06:39:14 · answer #4 · answered by BigAwnsers 2 · 0⤊ 0⤋