Wealth Wednesday: Making and Sticking to a Budget

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  • Budgeting 101
  • Gather the Necessary Information
  • Review the Data and Come Up With a Monthly Number
  • Assess Your Income
  • Get It in Writing
  • Where Else Does Your Money Go?
  • Compare Inflow to Outflow
  • Review Your Budget Frequently

Gather the Necessary Information

Collect your bank statements, investment account balances, credit card balances, recurring bills and all other income and expense data. Go online and retrieve these documents from your bank or credit card company if you don’t have the records at your fingertips.

(Photo: Rob Lewine/Getty Images)

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