Working to get your finances in order can be a challenge. Building a budget, accounting for savings, retirement, emergencies, and increasing prices might overwhelm even the most financially savvy individual. A spending freeze could be just the thing to get you back on track, but how?
Living paycheck to paycheck is a reality for most Americans, and it seems no matter how many times wages increase, the funds just disappear. The only way to avoid that scenario and properly manage your money is to track it. Having a budget might not sound attractive, but if you don’t track the money coming in and leaving, the little expenses here and there will whittle away at any extra cash you might have had. Ideally, you want to spend less than you make and use the surplus to build wealth – but how?