Wealth Wednesday: Making and Sticking to a Budget

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

Review Your Budget Frequently

Putting numbers on paper and identifying gaps are pretty easy exercises. Sticking to a monthly budget and adhering to cutbacks is a completely different story. Get in the habit of reviewing your budget monthly and adjusting it accordingly. Look at where you are and where you want to be and use your budget as a roadmap for achieving your financial goals.

(Photo: Getty Images)

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