Personal Finance Budgeting

Budget weekly, not monthly
Setting a weekly budget will help you “gain greater control” of your finances, said Anna Bahney in CNN.com. Even though many popular budgeting programs are organized by months, “a month is way too long for us to keep our financial impulses in check.” Budgeting weekly allows you to “better anticipate and examine” expenses. While many bills arrive monthly, a weekly budget allows you to more accurately monitor and adjust your discretionary spending. Because there are fewer transactions to monitor in a week than in a month of spending, tracking your expenses will seem “much easier, less tedious, and more manageable.” Set up a separate checking or debit card account and move your discretionary funds there each week. This way you can track expenses and work out how to curb spending.

THE WEEK

February 9, 201

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About vinceliuzzi

Executive financial services leader with recognized cross-cultural team leadership skills. Sound business and financial manager with broad scope and enterprise wide impact. High-energy, results-oriented leader delivers mission critical results leveraging best in class talent committed to customer and community
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