B is for BUDGET. you need to write a budget, give your money a job, whether that is bills only or every dollar. Again you have to find what works for you and encouraged you. My tips are to write down you total income for how you want to budget, personally I do monthly, but I’m paid fortnightly. Total income calculated. Now is time to work on your expenses. What money is going out and where?
Then there is your living costs, food petrol, power. Lastly calculate all your “extras” this is your gym membership, Netflix, eating out, coffee, sky what ever else you choose to pay/have in your life. Add it all up over a fortnight/month and see how it adds up to what you earn. A lot of people spend more than they earn and that is an issue in itself. Next you want to work out where you can make cuts, pull back on spending or cancel/go without. Write down your ideal but realistic expenditure that you aim to meet.
Aim for that, or as close too as possible. When it comes to debt payments my approach is put all you can into one and just pay minimum on the rest, all extra you can afford to that and watch your momentum build.
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