PBA Tip of the Day brought to you by Doug DeMuth with Edward Jones (623) 551-0523.
What should you keep in mind when coming up with your monthly budget? Doug has the answer!
Budgeting can simply help you get a handle on how you spend money each month. And finding that little “extra” can mean a lot as you move toward reaching your long-term financial goals, like retirement. It may be hard to figure out where to start, so below are some categories to make sure you include in your budget.
-Your income
-Your living expenses
-Debts you may owe
Add all of the subcategories and costs under each main title.
Once you have grouped all of these things together, it is time to set your budget. Give Doug a call today for help with your budgeting!