Savings

In our previous illustration we discussed building a financial portfolio. I hope that you were able to purchase the resource “Think and Grow Rich,” by Napoleon Hill.

Did you know you that you can begin increasing your savings to $300.00 a month just by reallocating your resources? It does not matter if you save $300.00 a month or $150.00 bi-weekly,  a small savings overtime can help you start building your financial plan.

 

1.Download your financial application on one’s IPHONE (Mint Personal Finance).

2. Develop an excel spreadsheet.

 

What is a budget?

A budget is an itemized summary of likely income and expenses for a specific period of time. One can create a budget using a spreadsheet in order to itemize the money coming in and out of one’s household. Planning and monitoring one’s budget can help one identify wasteful expenditures in order to maximize one’s resources in order to achieve one’s financial goals.