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6 Budgeting Tips That Will Improve Your Credit

6 Budgeting Tips That Will Improve Your Credit

Most people don’t spend a lot of time budgeting. Online bank and financial services have made “checking in” on your accounts fast and easy, and all but eliminated the need to keep a record of what goes in and out. But with everything automated these days it’s easy to lose track of what bill gets withdrawn on what date, if the amount of your automatic deposited paycheck was accurate, or if your bank account has over-drafted for some reason. When it comes down to it, successful budgeting is essential to building and maintaining good credit. It doesn’t have to take a long time, but by doing these 6 budgeting tips you can help give your credit a boost and stay on top of your finances. 1. Track your expenses When it goes on the card it’s hard to realize how much you’re actually spending on fast food, gas, entertainment, and other daily expenses. When you use cash it’s much easier, but that’s not always realistic. So, at least a few times a year, sit down at your computer and go through a month’s worth of expenses, adding up how much you spend specifically on each category. Fast food and eating out, gas, clothing or other “fun” shopping, and then of course bills. Get an idea of what you spend each month – it might surprise you. 2. Don’t rely on credit If you’re in the habit of transferring money over to cover overdraft fees or to simply have enough for a bill that’s going to come out, you’ve got a problem. Credit card companies love you for it, but...
101 Ways to Spend Less and Save More

101 Ways to Spend Less and Save More

Stop Spending Money Unnecessarily! So you’ve decided to cut back on spending and start saving. Good for you! Now you just have to figure out how to go about it. You’ve probably heard it all by now: stop shopping, stop eating out, stop buying things you don’t need. But where to you start? How do you stop spending and start saving? It’s hard but it’s not impossible. Here are 101 sneaky ways you haven’t thought of to spend less and save more. Categories Jump to the spending category that interests you most by clicking on the link below: > Eating Out      > Clothes      > Coffee      > Makeup      > Alcohol      > Online Shopping > Groceries      > Transportation      > Credit Cards      > Reduce Debt      > Saving How to Stop Spending Money on Eating Out It’s easy to get take-out when you’re having a busy day and don’t have the time to make dinner. Or maybe you really just don’t want to dream up something to make. For fun let’s say you eat out 5 times a week, lunch or dinner, and spend on average $10 per meal. That’s $2,600 a year! Even if you cut that in half you would be saving a lot of money. So here are some tips to keep that extra money in your pocket. Keep weekday meals simple to prepare. If it’s easy, you’ll more likely be willing to do it. Pinterest is a great resource for quick and simple meal ideas. Make enough food to have leftovers for the next...
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