Here I’ll discuss the basics of budgeting. First of all, what is budgeting? Budgeting is knowing how much you earn, then setting a limit of how much you spend. Here are the basic steps that you should take to budget your way back to a healthy financial life.
- Set a goal. This can be paying off an old credit card debt or saving enough to buy a new car.

We’ve all said it before: “I’ve got nothing to wear”. Yet you’re most likely staring at a closet full of clothing and credit card bills full of charges. Obviously there’s something wrong here. The answer isn’t to buy more clothing, as that would run up your debts. But the answer isn’t to boycott the mall altogether either.
If you shop smartly you can save money while still stocking up your

Here are some steps you can take to stop on the path of debt and start on the path to saving.
- Stop digging the hole. Sometimes when you’re in a mess, you think you can get yourself out so you keep trying and trying. What you’re doing is just digging yourself in deeper. An example of this is putting money into fixing a house that was a bad investment.