Tag

budgeting tips Archives - Sharkey, Howes & Javer

Five Tips to Keep Your Spending (and Your Stress Level) in Control on Summer Vacation

By | SH&J Blog, Tips | No Comments

Summer. It’s the season most of us spend the rest of the year waiting for. We look forward to vacations, time off and traveling with family and friends, picturing ourselves relaxing and celebrating the good things in life.

But we spend far less time thinking about how we’ll pay for it.

Without a little forethought and planning, a few weeks of fun can turn into months of credit card bills. With that in mind, here are a few tips to keep your summer spending under control so you can make memories without creating a financial burden that could last the rest of the year.

Read More

10 Beneficial Budgeting Tips

By | SH&J Blog, Tips | No Comments

A 2013 Gallup poll found only 30% of American households prepare a detailed household budget (source). While budgeting can feel daunting at first, it can make a tremendous difference on your path to long-term financial success. With that in mind, here are 10 useful tips for budgeting.

10. Start with the Big 3

When building your budget, it’s important to look at your largest expenses first. For most people those are food, housing and transportation. Make sure to account for all aspects of your Big 3 from groceries to eating out and car payments to fuel costs. Starting with your largest expenses first will help you to get a more accurate view of what’s left to play with in your budget.

9. Bring Your Lunch

It seems so simple, but it’s amazing how much you can save in your budget by packing a lunch every day. In her article, “Buying Your Lunch Is A Terrible Idea. The End. No More Debates” (source), Jillian Berman figured she saves over $1,500.00 per year by bringing her lunch to work. If you are a household, multiply the savings for each person who packs a lunch. It adds up! Plus, you have the added benefit of controlling your portions and making healthier choices.

Read More