Financially Frugal in Tough Times – Tip #1

December 16, 2011 § Leave a comment

Life is full of surprises, and not all of them are good ones. What’s the best way to manage your finances if this winter brings slow economic times? I’d like to suggest a few tips that may help bring a bit of stability in possibly uncertain times.

 First, have a budget. What does that mean? No, a budget it won’t make your head explode. It should be very straightforward and needed be complicated with piles of paper. Think of it like this: Simply look every dollar in the eye and say, “Where do you think YOU’RE going?”  Then write down each dollar’s purpose.


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