In the circle of personal finance, a lot has been said about the idea of “living within your means” if you want to get ahead economically. Yet, few of us do it. Instead, we overspend and often get into financial trouble as a result of the habit. What’s preventing us from actually spending less than..
One of the simplest ways to avoid financial problems is to create a budget or cash flow plan, which is nothing more than mapping out your financial activities before they occur. It makes no difference if you make $30,000 or $300,000 a year. Putting the information on paper or spreadsheet allows you to see the..