How to Manage and Control Your Money

manage and control your money

Instructions

    • 1

      If you're making an effort to control your spending and you blow your
      budget in a moment of weakness, don't beat yourself up about it. Buckle down over the next week or several weeks to make up the difference and get
      back in control.

    • 2

      Each week, plan your expenditures for the coming week. Allow yourself
      some money for entertainment and recreation as well as for food, transportation, and any bills that are due, but make sure you budget within your available funds. Start fresh each week and review everything at the end of the month.

    • 3

      It's difficult to manage your money if your paperwork is in a state of disarray. Find a box or use a plastic storage container available at discount stores to set up a simple filing system with folders for Bills to Be Paid, Paid Bills, Financial Aid Information, Bank Accounts, and any
      other subjects that fit your needs. When bills arrive, open them immediately, check them for accuracy, and stick them in the Bills to Be Paid folder. Go through your folder every week or so to see what needs to be paid.

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