Quick tips from financial experts
The word budget has gotten a bad rap. It’s basically just a plan. When you budget, you’re spending with purpose, before the month begins.
Dave RamseyAuthor and radio host
Divide your retirement expenses into necessary and discretionary, and plan to pay for the necessary ones with guaranteed income such as Social Security and pensions.
Jean ChatzkyAuthor and TV personality
Admit to someone, ‘I am in debt.’ This will create immediate accountability and what may surprise you – support.