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

Where Else Does Your Money Go?

How much money do you spend on haircuts, groceries, entertainment, auto repair and restaurant meals every month? The answer can get tricky and it can also be extremely telling when it comes down to putting your budget on paper. Be honest in your assessment and add these additional expenses to your spreadsheet.

(Photo: Andersen Ross/GettyImages)

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