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Finacial Pitfalls: The Miscellaneous Category

One area that many people have a difficult time with is the miscellaneous category. This is a category where you tend to put in unexpected expenses. It can be difficult because you may be putting things in this category that do not really belong there. There are several expenses that you should not be putting into the miscellaneous category. Eating out is a common expense that is not planned for and then shuffled into the miscellaneous category. Other entertainment expenses, such as movie tickets, also get put into the miscellaneous category. These optional expenses should be planned for with a … Continue reading →

Money Week in Review August 5th-August 12th

In Throw Your Checkbook Away Debbie gives some unorthodox advice when it comes to tracking your expenses. She points out that tracking in each category will help you better understand how you are spending and how much you have left. In Financial Crisis! Miriam addresses the basic steps you need to take if you lose your job or become ill. It is important to be proactive as you deal with these emotional and difficult situations. Forced Money Management talks about one of the major motivating factors when it comes to budgeting. Debbie points out that many people do not plan … Continue reading →