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Helpful Budgeting Tools to Keep You On Track

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Creating a budget can often be daunting. You likely want to develop new money habits and feel like you’re in control of your finances. Instead of feeling down about your budget, find some tools like budgeting apps, spreadsheets or even features offered at your bank to help you keep track of your money.

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How to Create a Budget: 6 Steps to Get You on the Path to Financial Security

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The cost of building a life isn’t. We all know expenses exist, but the numbers keep adding up—rent, water, trash, electricity, cable, Internet, car insurance, renter’s insurance, gas, cell phone. Dive into a digital finance manager, excel sheets, worksheets and a homemade bill binder. Set goals and adjust your expenses.

Budget 279
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Business finance: The ultimate guide for non-finance people

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Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

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5 Financial Basics Everyone Should Know

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Managing your finances can feel overwhelming, especially if you’re trying to keep up with the latest budgeting software, personal finance app or investment hack and not just the financial basics. Instead of worrying about or avoiding your finances, focus on the basics. There are multiple ways to create a budget.

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Using a Financial Planning Checklist Can Help You Meet Your Goals

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If you like having hard copies of information in front of you, print out statements from the last quarter, and use highlighters or other color-coding to sort your expenses into different groups. See how your spending breaks down and determine where (or if) you need to adjust your budget. Subtract your net income from your net expenses.

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2023 Financial Forecast: How to Prepare for the Year Ahead

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And with a new year approaching quickly, it can be a good opportunity to take stock of what’s happened in the past year—in your personal life, career and with your finances—and think about what changes you’d like to make in the year ahead. As you think about your personal finances heading into 2023, credit card debt should be top of mind.

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How to Prepare for a Recession

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That way, if they do happen, you’ll already have a plan in place and won’t have to worry about what action to take. Eliminating a debt payment from your budget frees up funds for different uses and means you aren’t paying interest on outstanding balances. Interest on your debt is the flip side of compound interest in investing.

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