How I did it: well, since I'm drowning under debts, I created, as a step to get out of it, a budget. I never done that before and I didn't read any books but it got out really good and mostly Helpful! If you wanna my easy steps (with excel)

- Get in mind a period of time for your budget. Most of people make it monthly, I done a Feb. to Aug. schedule since I've planned to repay all my debt by Aug.

-Then, you list all your income and your debt. The best thing to do is if you can pull together some debt. It's seems easier when there's less cases.

- When you're finish with something ''erase'' it! It feel well to see it finally done! For me , I put it in dark grey.

- Use the comments insertions to guide you on what you paid for. Sometime it help to see that you put too much money on partying! You can fix yourself some limits (like my social life extras).

- Use you're online banking service when you work on your budget. It's the best way to verified your purchases. Personally, I only use my debit card since paper money can be ''waste'' easily.

Lessons & tips: It's one of the most helpful thing I've done this year. It's hard sometime 'cause I'll like to buy stuff but at the same time I realize I don't really need it. It's fine to know how many money you put on what...

Resources: Excel

Mar 10, 07:14AM PDT | 0 comments | 3 cheers