How to Live on a Budget

Save
Next Video:
How to Get Your Free Credit Score....5

Living on a budget is a conscious decision made by an individual who takes a realistic look at where they stand in life. Find out how to make a budget and stay within a budget with advice from a registered financial consultant in this free video on money management.

Part of the Video Series: Money Management
Promoted By Zergnet

Comments

Video Transcript

This is financial adviser Patrick Munro talking about how to live on a budget. Living on a budget is a conscious decision. An individual has to have a realistic look at where they stand in life relative to how much money they make, relative to how much bills that they have. And then set a budget and stay within that budget. It's difficult to do, it requires organization on your part and you need to really setup a budget in order to live within it. And setting up a budget is taking your expenses both fixed and variable and listing them all out in a ledger format or on a computer. And then adding to that your income. Hopefully your income is more than your bills and therefore you've got more dollars available to live on. And make sure that you keep your expenses down, live within your means, this is very key. This is Patrick Munro, financial adviser talking about how to live within a budget.

Featured

Related Searches

M
Is DIY in your DNA? Become part of our maker community.
Submit Your Work!