2006-09-22 17:41:01 · 7 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
The best person to talk to about your finances is YOU. Now, I know that sounds corny but it's true... who else knows the difference between your wants and needs than you. You don't really need a budget ... you need a plan. My first word of advise is to put 10% of your income into a tax deferred 401K plan or some kind of long term account. You can work with 90% of your income... trust me. Forget that 10%. You won't miss $10-20 a week. It will be there when you need it most and compound interest will boost that into a great retirement income.
Now, you've got 90% of your income to work with. Start with the priorities of your bills... rent, heat, electric, car payment, etc. This list needs to be in order of priority, not preference. At the bottom of your list, are there any things you can get rid of? At the top of your list are there any thing you can cut down on? Don't think that $10 cable channel you hardly watch isn't going to make a difference... that's $120 a year that may just pay off a bill you have and save you that 15-20% interest.
Can you increase your income at all? Ask for a raise at work... get a roommate... sell things you don't want or really need? Don't blow the money! Apply it where it's going to give the most value. Can you make extra money taking in laundry or selling consumable supplies on Ebay or through other ecommerce solutions part time? Remember only $5 a day is $150 a month.
The best person to talk to about your budget is you. Seperate your wants and needs and commit to only buying things you need. A friend of mine complains about never having money and then brags about the collectibles he goes out to buy and what great prices he's gotten.
Hope this helps!!!
2006-09-22 20:00:46 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You could try 'talking' your budget problems over with your own self : That would not cost you anything, and some practical ideas will surface therefrom.
...Or else, you could go to a professional financial consultant, and help him/her charge you a fancy fee - just to tell you, in the most complicated ways possible, that you should spend less and save more !
2006-09-23 00:52:44 · answer #2 · answered by Zarama 5 · 0⤊ 0⤋
Well
You might not be comfortable with sharing your finances with me but ive done well for myself to this point on-I came to the USA 1 year ago and have managed my finances well enough to afford college and go out and buy some expensive toys for myself at a salary of 11$ an hour.
So if you dont mind sharing your salary and expenses with me-email me at rage_fashion@yahoo.com
I can help you for a fee of $50
2006-09-23 04:34:01 · answer #3 · answered by Aditya G 1 · 0⤊ 0⤋
two of the best website on the budget the money
http://www.daveramsey.com
http://www.clarkhoward.com
2006-09-23 03:17:57 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
A financial advisor.
2006-09-23 00:43:34 · answer #5 · answered by ~aShLeY~ 2 · 0⤊ 0⤋
Your accountant is your best bet. He/she will tell you what to do because they have been authorized by the USA government to pratice as accountants.
Find them and Good luc.
Vote for me , please.
2006-09-23 00:52:45 · answer #6 · answered by soar_2307 7 · 0⤊ 0⤋
i can help you, only buy what you need, not what you want. and save the rest of your money.this way will make you rich
2006-09-23 00:56:55 · answer #7 · answered by Bighorn 4 · 0⤊ 0⤋