Disposable Income Once you have a realistic budget the next step is to take an no non-sense view of your current financial situation and to start a plan that will ease your financial woes. The following is a tutorial on how to gauge your financial well-being based on your budget. If you have not already completed a budget form please […]

Deep in Credit Card Debt Over Your Children’s After-School Activities? Here’s How to Get Out of It No time to read the full article? Download a free PDF to read offline at your convenience. When you have kids, you want to give everything to them. You want them to have the very best education and […]

STEP 3: CONTROL SPENDING As discussed in Step 2: Revitalize, Control Spending is the next step. A healthy budget will typically have an expense-to-income ratio that is less than 90%. This means that from all of the money that you make at least 10% of your income each month is “left over” for you to […]