Even if you're earning a minimum salary, there are ways to make every penny count. In this episode, Joseph Tramontana Hamilton New Jersey, shares expert tips and advice for budgeting, including creating a budget, prioritizing spending, and saving money on everyday expenses.

1. How To Manage
The Budget With
A Minimum
Salary In 2023

2. The first step in managing your budget is to
create one. A budget is a plan for your money
that helps you allocate your income to different
categories, such as housing, transportation, food,
and entertainment.
Create a
budget

3. Once you have a budget, look for areas
where you can cut back. For example, if
you spend too much on eating out,
consider cooking at home more often.
Cut unnecessary
expenses

4. Joseph Tramontana Hamilton, New Jersey, said
one of the easiest ways to stick to your budget
is to use cash for everything. Withdraw the
amount of money you need for the week or
month and then only use that cash for your
expenses.
Use cash

5. Setting financial goals can help you stay motivated
and focused on your budget. Whether saving for a
down payment on a house or paying off debt, having
a specific plan in mind can help you stay on track and
avoid overspending.
Set financial
goals

6. Many apps and tools are available to help
you manage your budget. For example,
you can use a budgeting app like Mint to
track your expenses and see where you
spend too much.
Use
technology

7. THANK
YOU