Budgets: What when how... to save YOU money!

WIth all of the items for sale in the world, it can be hard to keep a handle on your money! It always seems like the world is just throwing out bigger and better things to purchase. So, how would someone be able to become financially stable in a world like this? Well, first off, a financially stable person is someone who makes enough money or saves enough money to fulfill their wants and needs. There are many tactics that can be used to be sure that you have money in your savings. First, whenever you get paid, you must be sure to PAY YOURSELF FIRST. This means taking a percentage of your payment and immediately putting it into savings. We learned that generally, the more closets a household has, the greater their household debt! This is amazingly true to me, thinking about the people that I know. We learned a lot of interesting things this week in Econ, and I hope that we continue on to learn more!