As we start a new year, many resolutions are sure to have been made in regards to money. Whether that promise you made to yourself was to reduce debt, save more, spend more wisely or any of the many other reasons to watch your spending - enjoy this recipe for "Preventing Financial Problems Pie".
Ingredients:
1 cup organization
2 tablespoons of creating a realistic budget
¾ c. of eating at home
3 teaspoons of avoiding impulse buys
¼ cup of avoiding sales
3 teaspoons of medical insurance
4 cups of not charging if you can't afford it
6 tablespoons living without credit
2 cups of savings
3 teaspoons of avoiding cosigning for someone
Instructions:
Melt the organization together with a realistic budget, periodically checking it and readjusting your figures and spending habits. Combine that together with eating at home because it is much cheaper and often healthier to cook using fresh or dried ingredients. To save time, cook enough at one time for two meals.
Gently stir in and resist impulse buys. When you see something you hadn't planned to buy, don't purchase it on the spot. Go home, think it over, and see if it fits in budget. Add in the avoiding sales. If you buy something you didn't need to begin with, you are spending unnecessary money. Add medical insurance to the mixture. You can't avoid medical emergencies, but living without medical insurance is an invitation to financial ruin.
In a separate bowl, mix not charging and living without credit together. If you can't afford to pay for something now, what makes you think you can pay for it when the bill comes, plus interest. Try not using your credit cards for a while. Studies show the best way to cut spending is to use the cash on hand.
Finally, make sure to add in the savings to ensure your pie will last even in tough times. Bake all ingredients together in a balanced checkbook and sprinkle it with avoiding to co-sign for someone. Your signature obligates you as if you were the primary borrower. Follow these directions and you have yourself a big piece of satisfaction.
Melissa Sall - REALTOR, RE/MAX Team Experts
Barnesville and St.Clairsville, Ohio
Direct: 740-338-9303
Email: melissasall@remax.net
Website: sweethomeohiovalley.com
When you're ready to make a move, I'm ready to help you!
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