I saw an article on bankrate.com comparing penny-pinching versus drastic changes as solid financial strategies for financial well-being. Towards the end of the article, they mentioned combining the two ideas
The truth is, families need to create a budget to account for where the money is going, and how they will pay off their debts. When you are debt-free, and even debt-free plus a mortgage, you have plenty of opportunities to follow your dreams and passions. Creating a monthly zero-based budget takes little time and gives every dollar a name. This allows you to maximize the money designated to pay off debts. Just think how many people would be able to pursue work and dreams they love if they didn't feel tied to jobs that pay bills for things they don't have time to enjoy!
If you want learn how to do a budget and make a plan to get debt-free, plan on joining our THRIVE! Financial Foundations workshop beginning Thursday, October 22, at the West Cabarrus YMCA.
If you're interested in improving your financial situation, you really can!
Contact me for aFree 30-minute Consultation.