Consider budgeting based on what you NEED vs. what you WANT
Think about the fact that you need cash on hand until you get paid again.
Do you need that new pair of shoes, or do you want them?
Do you want a new cell phone, or do you need one?
As you consider your needs verse’s your wants, compare prices, styles, and return policies. Just because the item is the most popular, doesn’t mean it’s the best selection for you or your budget.
If that item can wait a little while longer, consider setting $40 or $50 dollars aside until you have the full amount of the purchase price. How badly do you need it? Is there another option you can use? If purchasing that item will cause you to have less money until your next pay day, it may need to wait a little longer.
Look for next month’s Continuous $timulus discussion. Until then, Keep your mind on your money!
I am originally from Richmond, California. I have obtained over two decades of payroll experience and knowledge and hold a national payroll certification as well as a certification in financial education. I have been blessed to establish a nonprofit organization, L.A.L.A. Nonprofit - Leave A Legacy Always. The mission is to help you improve your quality of life through financial education, while learning how to leave a legacy always. We also help our youth understand how their payroll checks are calculated and provide financial educational assistance.
L.A.L.A. Enterprise, LLC, is also established, as an indie-author, I self-published $agacious $candals, the first in a series. By the grace of God, I wear many hats as a parent, grandparent, and business owner. I have yet to achieve my ‘greatest accomplishment’ and I am looking forward to pursuing "it". Please stop by our website and subscribe for updates www.lalanonprofit.org
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