Did you miss Lazetta Rainey Braxton, MBA, CFP® Cheddar News and News12 Be Well: Tips to Track Your Personal Spending segment with Shannon LaNier? If so, here’s your replay and top tips with a special bonus for couples!🌟
✅ Track your spending.
This may seem like a lot of work, but it's the best way to understand where your money is going. You can use a budgeting app, a notebook, or even a spreadsheet. Just be sure to track every purchase, big or small.
✅ Identify your core expenses.
These are the expenses that you have to pay every month, such as rent, mortgage, utilities, and food. Once you know your core expenses, you can start to budget for other expenses, such as entertainment, travel, and personal care.
✅ Align your spending with your values and goals.
Once you have a good understanding of your spending, you can start to align it with your values and goals. For example, if traveling is important to you, you may need to budget less for other expenses.
🌟🌟 Bonus financial tips for couples 🌟🌟
💚 Communicate about your spending habits and goals.
💚 Be honest about your strengths and weaknesses.
💚 Check-in regularly to discuss your spending.
Have fun taking control of your finances and creating a more secure future! 💰