Taking stock of your financial situation is important
April is Financial Literacy Month and a great time to check in on the health of your finances. Having a clearer picture of the income coming in and how it is going out will help make the most of your money. The first step in doing this is to create a monthly budget if you do not already have one. It should be divided into three overall categories: fixed, flexible and occasional expenses. A fixed expense is a similar cost and occurs monthly. Examples of this are rent or your mortgage, transportation, utilities, groceries, phone/internet, cable and insurance. A flexible expense is going to va...
Source: dailycommercial.com