Craft Law Offices are bankruptcy attorneys serving Eastern North Carolina, including Greenville, NC. We specialize in traffic law, underage drinking citations, and assisting you during the bankruptcy process. It is our philosophy to make your bankruptcy experience as stress-free as possible.
With the new year here, many people create resolutions to make sure that this year is even better than the last. Along with losing weight or quitting smoking, saving more money is one of the most common New Year’s resolutions.
The best way to ensure that you save money in 2019 is to create a budget and to stick to it. So, how exactly do you go about creating a budget that works with your expenses while still helping you to save money? Here are some budget-making tips from The Simple Dollar:
- First of all, you need to know how much you make. This doesn’t mean your annual salary. You need to look at paychecks to determine how much you actually make after taxes, retirement, health insurance, and other expenses are taken from your paycheck.
- Once you know your salary, you need to figure out how much you spend monthly. First, you should take into account what you’re spending on bills each month. After that, you also need to determine how much you are spending on other things like eating out, going golfing, shopping, etc. You can figure out an average of this by looking over previous credit card and bank account statements.
- Once you’ve crunched all of the numbers, you should determine how much you plan to save and set a goal for the year. It could be that by the end of the year, you want to have enough saved to pay off your car or a credit card. Having a concrete goal helps the budget process seem more real and worthwhile. However, be careful to set a realistic goal that can actually be obtained.
- Once you have a plan in place, stick to it by tracking your expenses and your savings each month. If you fall behind one month, don’t be discouraged; instead, use it as encouragement to do better the next month.
For all of your legal financial needs in Greenville, NC, contact us at Craft Law Offices, your Eastern, NC bankruptcy attorneys.