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5 Stages to Create a Budget: Stage 5 July 21, 2009

Posted by 2bdebtfree in Financial Debt Budget.
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Don’t forget to plan to spend some money on fun stuff. Otherwise you will feel like you are on a diet and diets are never fun.

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5 Stages to Create a Budget:Stage 4 July 20, 2009

Posted by 2bdebtfree in Financial Debt Budget.
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If you don’t have any money left over after your bills…you need to look at your budget and cut expenses. If you have some money left over then you need to look at your debts and start paying on the smallest debt until it is paid off and then move on to the next larger debt. If you have no debts…then you can start saving that extra money for something you really want…like a house, a car, kids someday…

5 Stages to Create a Budget: Stage 3 July 19, 2009

Posted by 2bdebtfree in Financial Debt Budget.
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STAGE 3: Figure out which paycheck will pay for each of the bills. It is important to use your last paycheck of each month to pay for the next months rent or mortgage payment or anything else that is due on the first. If you always wait until the first paycheck of the month, you could get hit with interest charges or late payment fees.

5 Stages to creating a Budget July 17, 2009

Posted by 2bdebtfree in Financial Debt Budget.
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STAGE 2: Write down all of your monthly bills. Use a program like excel if you can to make it easy to read and change. Don’t forget to include the due date, interest rate and the minimum payment. Use an above average figure on utility bills.

5 stages to create a budget and be debt free July 16, 2009

Posted by 2bdebtfree in Financial Debt Budget.
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STAGE 1: Figure out how much your household makes each month. That includes all income…main jobs, side jobs, babysitting… I mean everything. Add it all up and you are finished with stage 1.