LCTaylor: Seven Ways to Stick to Your Budget


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Sticking to your budget can be hard but it's an important factor when managing your money. From setting goals to paying with cash, LCTaylor offers 7 ways to stick to your budget.

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LCTaylor: Seven Ways to Stick to Your Budget

  1. 1. 7 Ways to Stick to Your BudgetVisit 1.800.463.8371
  2. 2. Budget Tips Sticking to a budget can be a difficult task. It takes work, dedication, and discipline. But once you get the hang of it, budgeting becomes second nature. Here are seven tips that will help you stick to your budget.Visit 1.800.463.8371
  3. 3. 1. Set an Overall Goal Setting a goal for your budget will give you something to work for and measure your progress againstVisit 1.800.463.8371
  4. 4. 2. Focus on Different Categories Designate certain days to tackle different categories of your budget. This will help to create a routine as well as save money.Visit 1.800.463.8371
  5. 5. 3. Pay Yourself First Start each month by setting a small amount of money aside for yourself before paying off your other expenses. At the end of the month you can put this money into a savings account or use it to take care of any overages in your budget.Visit 1.800.463.8371
  6. 6. 4. Educate Yourself Learn all you can about finances, money management, and how you can best invest in yourself, instead of taking the more common road of instant gratification, overspending and endless debt.Visit 1.800.463.8371
  7. 7. 5. Keep Your Receipts Save your receipts, and write down the places you spend money. You’ll be less likely to overspend if you realize how much money has actually gone through your hands.Visit 1.800.463.8371
  8. 8. 6. Use Cash But Take Only What You NeedIt may be a good idea to use cashinstead of paying by plastic soyou are not tempted to spendmore than your budget. Just besure to bring only what you need.Visit 1.800.463.8371
  9. 9. 7. Pay Down DebtIf you have credit card debt, you may feel like it’sgoing to take forever to pay it off. But you can getahead by choosing one card – ideally, the one withthe highest interest rate, and paying as much as youcan on it every month.Visit 1.800.463.8371
  10. 10. The Bottom Line A budget isn’t a prison cell to keep you away from your money, it’s a tool you use to make sure your future is better and, yes, richer than your present. For additional information visit LCTaylor.comVisit 1.800.463.8371