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financial future
favorite things
fast food
wal mart
Get Better With Mananging Your Money
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Get Better With Mananging Your Money

Managing your money really just boils down to knowing where your money is going. Have a list of your expenses and knowing how much and when your money goes out. Now that is ok for the big bills that you know of, but what about all the little stuff that just seems to eat your money away as well.

Don’t live below your means

Lots of people would say things like, "Need more money? What is sitting around that you can sell on Ebay? Is that coffee really important everyday? How can you do without what you like so much?" I know I don't like having not having the fast food or that drink.

Determination what it is going to take to get through this though. You have to want to find where your money is going and you have to want to have better control of it. Without that, you won’t succeed.

You need to start watching where you money goes. Start taking control of your money. Do that for just a month and I know you will find that you have a lot more money than you first thought. It will start to not slip through your fingers as much, because you will have your eye on where it is going.

Keep the change

The change you have at the end of the day does add up. If you have just a $1 a day in change left over from all your spending, that is $7 a week, and $28 a month that you don't have to come up with. You won’t know that though unless you manage your money and keep track of it.

Do you cash your check at Wal-Mart? That is $3 extra that you are forking out to someone just so that you can get paid! If you get paid every week that is $12 a month on just being able to get your own money

I will say I believe if you are having trouble with money the first thing you need to do is start watching it. Don't just cut out all of your favorite things but just keep watch on where it is going. Knowing where every penny is going is the first step to a better financial future.

Tracking money

Get a little notebook and carry it around with you for a month. Write down every time that you spend money, even if it 1 cent, write it down. Do this every time and you will see where all the holes are that are sucking up your money. Wealthy people track their money and know where it goes, poor people wonder where it went.

In other words, don't live below your means, just keep track of your spending habits and more than likely the money will show up.

Street Talk

Nice article! I`m not making a dime for a while so it`s a good lesson on frugal living!

  about 8 years ago

Thanks. Frugal living but don't cut yourself off completly from what is fun.

  about 8 years ago

Hey Joshua. Great Article! I have been spending more than monthly pay, I have to spend what is important. Thanks!

  about 8 years ago

Man Cena. Spending more then you make is never good. But knowing where it is going is the first step.

  about 8 years ago

Great article Joshua. I've gotten into the habit now that whenever cash comes out of my pocket, or onto a credit card, etc. I always ask myself - "Do I really need this?". If the answer is no, then I don't get it. That simple question (and answer) has kept money in my pocket that I would have otherwise spent foolishly.

  about 8 years ago

Love that. Great way to keep more money!!!

  about 8 years ago
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