Budget Tips

Managing Your Moneysavings

  • MINIMIZE number and usage of credit cards
  • PLAN how to spend your money before you get it. When money for any budget category is gone, stop spending in that category.
  • In regards to STUDENT LOANS, the longer you borrow money, the more interest you will pay.
  • KEEP a list of your goals to remind yourself why you don’t want to overspend.
  • Discover/define your financial situation and identify your objectives
  • It is vital that you PLAN AHEAD with money
  • BE REALISTIC and HONEST in your plans-not always easy!
  • PRIORITISE your needs in your budget
  • ANTICIPATE the unusual and even the unexpected-it will happen!
  • Don’t leave yourself short but do LIMIT YOURSELF!
  • Examine your ATTITUDE! Consider budgeting as a reward system, not a deprivation system