Most of us have asked ourselves that question on numerous occasions, sometimes in disbelief. We never dreamed that it would be possible, until we look at our credit card balances that have been slowly increasing. Would living on a budget prevent that?
Usually, overspending is not a conscious effort. It could start with something as simple as meeting friends on the way to work for a latte. Your cash is spent so you just charge the drink, no big deal.
A couple of times during the week, the same friends suggest that you have dinner with them. You are shocked when the credit card bill arrives and you add up those unplanned charges that total $320.00.
You didn’t realize how easy it was to overspend without being aware of it. Now how do you tell your friends that you can’t View full post…
Posted: August 11, 2017 Under: Budgeting By: Gust Lenglet
When young adults begin to work and receive their first paycheck, they get a taste of a sense of real freedom & don’t usually think about money management. This feeling is usually not combined with the little voice that says, Save your money. They suddenly find that they are sharing their wealth and are buying things they could not afford in the past. Celebration is not bad, but it is only meant for rare occasions. Freedom comes with responsibilities.
If real money management is not practiced early, there is a real chance that spending will often be more gluttonous than necessity.
Reading reviews that others have written about personal budget software is a good way to begin to narrow down software that might be right for you. Software that will help you save money is the goal.
You have to exercise a healthy dose of skepticism when reading reviews. Reviews may not be written by actual users but may actually be company employees and/or affiliates who sell the product for a commission. What reviews are really good for are highlighting the options that will best serve your budgeting needs. Really good products will have many people talking about their positive experiences with the product.
How Best Budget Software Will Help You Achieve Financial Success
Portrait of happy young couple working on laptop together
Budget; it is often one of the most dreaded B-words around. The word budget conjures up images of frugality and lack for many people, which seems the opposite of the freedom that most people truly want. However, the best budget software will help you to increase your wealth not decrease your pleasures.
Budgeting can be a daunting task unless you have the best budget software. If you have debt and want to get out from under it, want to easily take control of your finances, and finally want to live financially free then you need the best budget software.
Let’s look at some of the top reasons you need budgeting software available.
1.Where does your money go? Most individuals are unaware of exactly how and where they are spending their money. Without a clear picture, people do not know if they are maximizing their money.
People generally fall into one of 3 categories:
People that live paycheck to paycheck
People that do not understand the value of putting money into savings
People who are scared to spend and literally live in a financial prison
People fail to live to their life fully and money is often at the root of it. There should always be a perfect balance between what you make, spend, and save. The best budget software helps you to strike that perfect balance.
You can do a search on the internet for budget software and you’ll get millions of results. So many, in fact, you’ll be more confused than when you began. You can also type in the search term “reviews of budget software”, and guess what? Yeah, you guessed it, millions of results again from the many affiliates of different software vendors.
Even in those results, you’ll find some that are helpful, some that like to use the word FREE, but the bottom line is, will those programs solve your problem and give you exactly what you need? If the budget software program doesn’t give you what you need, then it isn’t right for you, even if it’s free.
What our firm has found out after reviewing and using many software packages, is that user experience, trust, and excellent support are crucial. View full post…
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